Short Interest in Champion Iron Limited (OTCMKTS:CIAFF) Increases By 5.5%

Champion Iron Limited (OTCMKTS:CIAFF) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 16,623,700 shares, an increase of 5.5% from the May 31st total of 15,751,500 shares. Based on an average trading volume of 22,500 shares, the short-interest ratio is currently 738.8 days.

Champion Iron Price Performance

Shares of CIAFF stock opened at $3.93 on Wednesday. Champion Iron has a one year low of $3.45 and a one year high of $5.76. The stock has a fifty day moving average price of $4.54 and a 200 day moving average price of $4.87.

Champion Iron Company Profile

Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. Its flagship projects include the Bloom Lake Mine located in south end of the Labrador; the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in Quebec; and the Kamistiatusset project located in the Labrador.