Short Interest in Jiangxi Copper Company Limited (OTCMKTS:JIAXF) Decreases By 19.7%

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,947,000 shares, a decrease of 19.7% from the November 30th total of 2,423,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 19,470.0 days.

Jiangxi Copper Price Performance

Shares of OTCMKTS:JIAXF opened at $1.62 on Friday. The business’s 50 day moving average is $1.75 and its 200 day moving average is $1.75. Jiangxi Copper has a 12-month low of $1.28 and a 12-month high of $2.47.

About Jiangxi Copper

Jiangxi Copper Company Limited engages in exploring, mining, smelting, and refining copper in Mainland China, Hong Kong, and internationally. It offers copper cathodes, copper rods and wires, sulphuric acid, and other products, as well as deposit, loan, guarantee, and financing consultation services.