Nickel 28 Capital Corp. (OTCMKTS:CONXF) Sees Large Decrease in Short Interest

Nickel 28 Capital Corp. (OTCMKTS:CONXF) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 1,900 shares, a drop of 89.9% from the May 31st total of 18,800 shares. Based on an average daily volume of 10,800 shares, the short-interest ratio is presently 0.2 days.

Nickel 28 Capital Stock Performance

OTCMKTS CONXF remained flat at $0.54 on Friday. Nickel 28 Capital has a one year low of $0.38 and a one year high of $1.00. The firm’s fifty day simple moving average is $0.50 and its two-hundred day simple moving average is $0.52.

Nickel 28 Capital Company Profile

Nickel 28 Capital Corp. operates as a base metals company. The company holds interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. It also manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia, and Papua New Guinea. The company was formerly known as Conic Metals Corp.