Short Interest in Nickel 28 Capital Corp. (OTCMKTS:CONXF) Decreases By 89.9%

Nickel 28 Capital Corp. (OTCMKTS:CONXF) was the target of a significant drop in short interest during 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 trading volume of 10,800 shares, the short-interest ratio is presently 0.2 days.

Nickel 28 Capital Stock Performance

OTCMKTS:CONXF traded up $0.01 on Thursday, hitting $0.54. 2,062 shares of the stock were exchanged, compared to its average volume of 11,935. Nickel 28 Capital has a 52 week low of $0.38 and a 52 week high of $1.00. The company’s 50-day moving average price is $0.50 and its 200 day moving average price is $0.52.

About Nickel 28 Capital

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.