Nickel 28 Capital Corp. (OTCMKTS:CONXF) Short Interest Update

Nickel 28 Capital Corp. (OTCMKTS:CONXF) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 18,800 shares, a drop of 33.8% from the September 30th total of 28,400 shares. Based on an average trading volume of 14,700 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 14,700 shares, the days-to-cover ratio is presently 1.3 days.

Nickel 28 Capital Price Performance

CONXF stock opened at $0.53 on Monday. The company’s 50-day moving average price is $0.52 and its two-hundred day moving average price is $0.51. Nickel 28 Capital has a 12 month low of $0.39 and a 12 month high of $0.63.

About Nickel 28 Capital

Nickel 28 Capital Corp. operates as a base metals company. The company holds interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. It also manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia, and Papua New Guinea, including NSR royalty in the Dumont nickel project located in Quebec; and in the Turnagain nickel project located in British Columbia.