Faraday Copper Corp. (OTCMKTS:CPPKF) Sees Large Increase in Short Interest

Faraday Copper Corp. (OTCMKTS:CPPKF) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 11,300 shares, an increase of 13.0% from the March 31st total of 10,000 shares. Based on an average daily volume of 50,800 shares, the short-interest ratio is presently 0.2 days.

Faraday Copper Price Performance

Shares of Faraday Copper stock traded up $0.01 on Tuesday, reaching $0.57. The stock had a trading volume of 20,053 shares, compared to its average volume of 18,847. The business’s 50-day moving average price is $0.44 and its two-hundred day moving average price is $0.43. Faraday Copper has a fifty-two week low of $0.34 and a fifty-two week high of $0.77.

Faraday Copper Company Profile

Faraday Copper Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. The company holds a 100% interest in the Copper Creek project comprising private land, patented and un-patented mining claims, and state prospecting permits that covers an area of approximately 65 square kilometers located in Pinal County, Arizona.