Nickel 28 Capital Corp. (OTCMKTS:CONXF) Short Interest Update

Nickel 28 Capital Corp. (OTCMKTS:CONXF) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 9,300 shares, a growth of 220.7% from the August 15th total of 2,900 shares. Based on an average trading volume of 84,800 shares, the days-to-cover ratio is presently 0.1 days.

Shares of CONXF opened at $0.84 on Wednesday. Nickel 28 Capital has a 52-week low of $0.17 and a 52-week high of $2.00. The firm’s fifty day moving average is $0.82 and its two-hundred day moving average is $0.69.

Nickel 28 Capital Company Profile

Nickel 28 Capital Corp. operates as a base metals company. The company holds an 8.56% joint-venture interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. It also manages a portfolio of 13 nickel and cobalt royalties on exploration and development projects in Canada, Australia, and Papua New Guinea.

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