Short Interest in Imperial Metals Co. (OTCMKTS:IPMLF) Increases By 9.1%

Imperial Metals Co. (OTCMKTS:IPMLF) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 225,600 shares, an increase of 9.1% from the December 31st total of 206,700 shares. Based on an average daily volume of 26,400 shares, the days-to-cover ratio is currently 8.5 days.

Imperial Metals Price Performance

Shares of OTCMKTS IPMLF opened at $1.33 on Tuesday. Imperial Metals has a 12-month low of $1.19 and a 12-month high of $1.98. The company’s fifty day simple moving average is $1.36 and its 200 day simple moving average is $1.49.

About Imperial Metals

Imperial Metals Corporation, together with its subsidiaries, engages in the exploration, development, and production of base and precious metals in the United States, Switzerland, China, the Philippines, Singapore, and Canada. It explores for copper, gold, silver, and other precious metals. The company holds 100% interests in the Mount Polley open-pit copper-gold mine located in south-central British Columbia; and the Huckleberry copper mine located in west-central British Columbia.