Jiangxi Copper Company Limited (OTCMKTS:JIAXF) Short Interest Update

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 24,000 shares, a growth of 13.2% from the May 31st total of 21,200 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 40.0 days.

Jiangxi Copper Stock Performance

Shares of OTCMKTS:JIAXF opened at $2.02 on Wednesday. Jiangxi Copper has a 1 year low of $1.28 and a 1 year high of $2.47. The business’s 50 day moving average price is $2.13 and its 200-day moving average price is $1.69.

About Jiangxi Copper

Jiangxi Copper Company Limited engages in exploring, mining, smelting, and refining copper in Mainland China, Hong Kong, and internationally. It offers copper cathodes, copper rods and wires, sulphuric acid, and other products, as well as deposit, loan, guarantee, and financing consultation services.