Short Interest in Interra Copper Corp. (OTCMKTS:IMIMF) Drops By 91.1%

Interra Copper Corp. (OTCMKTS:IMIMF) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 1,484 shares, a decrease of 91.1% from the August 15th total of 16,709 shares. Based on an average daily volume of 87,502 shares, the short-interest ratio is currently 0.0 days.

Interra Copper Stock Performance

Shares of IMIMF stock remained flat at $0.06 during mid-day trading on Friday. 130,300 shares of the stock were exchanged, compared to its average volume of 61,521. The company has a fifty day moving average price of $0.05 and a 200 day moving average price of $0.07. Interra Copper has a twelve month low of $0.04 and a twelve month high of $0.14.

About Interra Copper

Interra Copper Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. The company holds interest in the Thane gold, copper, and silver property that covers an area of 50,904 acres located in Quesnel Terrane of northcentral British Columbia. In addition, it holds an option agreement to acquire interest in the Chuck Creek property that covers an area of 8,293 acres situated in central British Columbia. The company was formerly known as IMC International Mining Corp.