Short Interest in Interra Copper Corp. (OTCMKTS:IMIMF) Grows By 72.5%

Interra Copper Corp. (OTCMKTS:IMIMF) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 90,405 shares, an increase of 72.5% from the March 15th total of 52,395 shares. Based on an average daily volume of 400,811 shares, the short-interest ratio is presently 0.2 days.

Interra Copper Stock Down 6.3%

Interra Copper stock traded down $0.01 during trading hours on Monday, reaching $0.08. 7,649 shares of the stock were exchanged, compared to its average volume of 90,477. Interra Copper has a 52-week low of $0.05 and a 52-week high of $0.15. The firm’s 50 day moving average is $0.10 and its 200 day moving average is $0.10.

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.