Jiangxi Copper Company Limited (OTCMKTS:JIAXF) Short Interest Update

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 8,699,000 shares, a growth of 142.8% from the February 13th total of 3,583,200 shares. Based on an average daily trading volume, of 3,400 shares, the days-to-cover ratio is presently 2,558.5 days.

Jiangxi Copper Price Performance

Shares of JIAXF remained flat at $1.56 during trading hours on Friday. Jiangxi Copper has a 1-year low of $1.42 and a 1-year high of $2.47. The company has a 50-day moving average price of $1.59 and a 200 day moving average price of $1.64.

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.