Short Interest in Faraday Copper Corp. (OTCMKTS:CPPKF) Increases By 28.1%

Faraday Copper Corp. (OTCMKTS:CPPKF) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 35,600 shares, a growth of 28.1% from the July 15th total of 27,800 shares. Based on an average daily volume of 38,400 shares, the short-interest ratio is presently 0.9 days.

Faraday Copper Stock Performance

Shares of CPPKF traded down $0.01 during mid-day trading on Friday, reaching $0.54. The company’s stock had a trading volume of 48,001 shares, compared to its average volume of 19,851. Faraday Copper has a 1-year low of $0.34 and a 1-year high of $0.62. The business has a 50-day simple moving average of $0.58 and a two-hundred day simple moving average of $0.51.

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.