Jiangxi Copper Company Limited (OTCMKTS:JIAXF) Short Interest Up 20.8% in June

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 29,000 shares, a growth of 20.8% from the June 15th total of 24,000 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 72.5 days.

Jiangxi Copper Price Performance

JIAXF stock remained flat at $2.02 during midday trading on Tuesday. The firm’s fifty day moving average is $2.13 and its two-hundred day moving average is $1.73. Jiangxi Copper has a 52-week low of $1.28 and a 52-week high of $2.47.

About Jiangxi Copper

Jiangxi Copper Company Limited engages in exploring, mining, smelting, and refining copper in Mainland China, Hong Kong, and internationally. It offers copper cathodes, copper rods and wires, sulphuric acid, and other products, as well as deposit, loan, guarantee, and financing consultation services.