Short Interest in Interra Copper Corp. (OTCMKTS:IMIMF) Expands By 129.6%

Interra Copper Corp. (OTCMKTS:IMIMF) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 16,709 shares, a growth of 129.6% from the July 30th total of 7,279 shares. Based on an average daily trading volume, of 63,671 shares, the short-interest ratio is presently 0.3 days.

Interra Copper Stock Performance

IMIMF remained flat at $0.06 during trading on Friday. 50 shares of the company’s stock traded hands, compared to its average volume of 62,567. The firm’s fifty day moving average price is $0.06 and its 200 day moving average price is $0.07. Interra Copper has a 1 year low of $0.04 and a 1 year high of $0.14.

Interra Copper Company Profile

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.