Faraday Copper Corp. (OTCMKTS:CPPKF) Sees Significant Drop in Short Interest

Faraday Copper Corp. (OTCMKTS:CPPKF) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 11,100 shares, a decline of 70.1% from the September 30th total of 37,100 shares. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is presently 0.5 days.

Faraday Copper Price Performance

Faraday Copper stock remained flat at $0.65 during midday trading on Friday. The company had a trading volume of 1,840 shares, compared to its average volume of 18,655. The business has a 50-day simple moving average of $0.60 and a 200-day simple moving average of $0.58. Faraday Copper has a 12 month low of $0.34 and a 12 month high of $0.68.

Faraday Copper Company Profile

Faraday Copper Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. The company holds a 100% interest in the Copper Creek project consisting of 73 square kilometers private land, patented and un-patented mining claims, and state prospecting permits located in Pinal County, Arizona.