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

Interra Copper Corp. (OTCMKTS:IMIMF) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 91,616 shares, an increase of 6,073.6% from the October 15th total of 1,484 shares. Based on an average daily volume of 40,705 shares, the short-interest ratio is currently 2.3 days.

Interra Copper Trading Up 25.9%

IMIMF stock traded up $0.01 during trading on Tuesday, hitting $0.03. The company had a trading volume of 13,261 shares, compared to its average volume of 55,359. Interra Copper has a 52-week low of $0.02 and a 52-week high of $0.13. The company has a 50 day simple moving average of $0.05 and a 200-day simple moving average of $0.07.

Interra Copper Company Profile

Interra Copper Corp. is a Canadian mineral exploration company focused on the acquisition, exploration and development of copper and gold properties. The company’s activities are centered on identifying and evaluating mineralized systems with potential for further exploration and eventual development. Interra Copper’s principal exploration interests are located in British Columbia, Canada, a region known for its copper and gold deposits. The company has focused on advancing its mineral properties through geological mapping, geochemical sampling, geophysical surveys and drilling, with the goal of defining copper-gold mineralization and assessing the potential for economic resources.