Arizona Metals Corp. (OTCMKTS:AZMCF) Short Interest Up 27.6% in July

Arizona Metals Corp. (OTCMKTS:AZMCF) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 5,355,400 shares, an increase of 27.6% from the June 30th total of 4,196,000 shares. Based on an average daily volume of 317,900 shares, the days-to-cover ratio is currently 16.8 days.

Arizona Metals Stock Performance

Shares of OTCMKTS AZMCF traded down $0.02 during trading on Monday, reaching $1.37. 103,500 shares of the company traded hands, compared to its average volume of 171,492. The firm’s fifty day simple moving average is $1.57 and its 200 day simple moving average is $1.53. Arizona Metals has a 12-month low of $1.21 and a 12-month high of $2.50.

About Arizona Metals

Arizona Metals Corp. operates as a mineral exploration company. The company primarily explores for copper, gold, zinc, and silver deposits. It owns 100% interests in the Kay mine project, which consists of approximately 1,300 acres of patented and BLM claims located in Yavapai County, Arizona; and the Sugarloaf Peak Gold project that comprises 4,400 acres of BLM claims situated in La Paz County, Arizona.