Interra Copper Corp. (OTCMKTS:IMIMF) Sees Significant Increase in Short Interest

Interra Copper Corp. (OTCMKTS:IMIMF) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 7,279 shares, an increase of 331.0% from the July 15th total of 1,689 shares. Based on an average daily volume of 53,565 shares, the days-to-cover ratio is presently 0.1 days.

Interra Copper Price Performance

Shares of IMIMF stock traded down $0.00 during mid-day trading on Friday, hitting $0.05. 52,000 shares of the company’s stock were exchanged, compared to its average volume of 62,074. Interra Copper has a fifty-two week low of $0.04 and a fifty-two week high of $0.14. The stock has a 50-day simple moving average of $0.06 and a two-hundred day simple moving average of $0.08.

About Interra Copper

Interra Copper Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. The company holds interest in the Thane gold, copper, and silver property that covers an area of 50,904 acres located in Quesnel Terrane of northcentral British Columbia. In addition, it holds an option agreement to acquire interest in the Chuck Creek property that covers an area of 8,293 acres situated in central British Columbia. The company was formerly known as IMC International Mining Corp.