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

Interra Copper Corp. (OTCMKTS:IMIMF) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 7,279 shares, a growth of 331.0% from the July 15th total of 1,689 shares. Based on an average trading volume of 53,565 shares, the days-to-cover ratio is currently 0.1 days.

Interra Copper Price Performance

Shares of OTCMKTS:IMIMF opened at $0.04 on Wednesday. Interra Copper has a 12 month low of $0.04 and a 12 month high of $0.14. The stock’s 50 day moving average price is $0.06 and its 200 day moving average price is $0.08.

Interra Copper Company Profile

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.