Short Interest in Central Asia Metals plc (OTCMKTS:CAMLF) Increases By 257.5%

Central Asia Metals plc (OTCMKTS:CAMLF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 40,400 shares, an increase of 257.5% from the December 15th total of 11,300 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 80.8 days.

Central Asia Metals Price Performance

Shares of OTCMKTS CAMLF remained flat at $1.91 during mid-day trading on Monday. The stock’s 50 day simple moving average is $2.33 and its 200 day simple moving average is $2.47. Central Asia Metals has a fifty-two week low of $1.91 and a fifty-two week high of $2.74.

About Central Asia Metals

Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead. It owns a 100% interest in the Kounrad solvent extraction- electrowinning operation located near the city of Balkhash in central Kazakhstan. The company owns 100% interest in the Sasa mine located in north Macedonia.