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

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

Central Asia Metals Price Performance

Shares of OTCMKTS:CAMLF remained flat at $1.91 during mid-day trading on Thursday. Central Asia Metals has a one year low of $1.91 and a one year high of $2.74. The business’s 50 day simple moving average is $2.17 and its 200-day simple moving average is $2.41.

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.