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

Interra Copper Corp. (OTCMKTS:IMIMF) was the recipient of 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 trading volume, of 87,502 shares, the days-to-cover ratio is presently 0.0 days.

Interra Copper Price Performance

IMIMF stock remained flat at $0.06 during midday trading on Thursday. The company had a trading volume of 130,300 shares, compared to its average volume of 61,521. Interra Copper has a 1 year low of $0.04 and a 1 year high of $0.14. The business’s fifty day moving average price is $0.05 and its two-hundred day moving average price is $0.07.

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.