Interra Copper Corp. (OTCMKTS:IMIMF) Sees Significant Growth in Short Interest

Interra Copper Corp. (OTCMKTS:IMIMF) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 18,081 shares, an increase of 525.9% from the May 14th total of 2,889 shares. Based on an average daily trading volume, of 72,754 shares, the short-interest ratio is currently 0.2 days.

Interra Copper Price Performance

Interra Copper stock opened at $0.05 on Wednesday. The company’s 50-day moving average price is $0.07 and its two-hundred day moving average price is $0.09. Interra Copper has a 52 week low of $0.05 and a 52 week high of $0.15.

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.