Central Asia Metals plc (OTCMKTS:CAMLF) Sees Large Increase in Short Interest

Central Asia Metals plc (OTCMKTS:CAMLF) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 40,400 shares, a growth of 257.5% from the December 15th total of 11,300 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 80.8 days.

Central Asia Metals Stock Performance

Shares of CAMLF remained flat at $1.91 during mid-day trading on Wednesday. Central Asia Metals has a twelve month low of $1.91 and a twelve month high of $2.74. The firm’s 50-day simple moving average is $2.30 and its two-hundred day simple moving average is $2.46.

About Central Asia Metals

Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead. It owns a 100% interest in the Kounrad solvent extraction- electrowinning operation located near the city of Balkhash in central Kazakhstan. The company owns 100% interest in the Sasa mine located in north Macedonia.