Short Interest in Interra Copper Corp. (OTCMKTS:IMIMF) Declines By 91.1%

Interra Copper Corp. (OTCMKTS:IMIMF) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,484 shares, a decline of 91.1% from the August 15th total of 16,709 shares. Based on an average daily trading volume, of 87,502 shares, the short-interest ratio is presently 0.0 days.

Interra Copper Stock Performance

OTCMKTS:IMIMF remained flat at $0.06 during mid-day trading on Thursday. 130,300 shares of the company traded hands, compared to its average volume of 61,521. Interra Copper has a twelve month low of $0.04 and a twelve month high of $0.14. The stock has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.07.

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.