Jiangxi Copper Company Limited (OTCMKTS:JIAXF) Short Interest Up 80.2% in March

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 15,679,000 shares, a growth of 80.2% from the February 28th total of 8,699,000 shares. Based on an average daily volume of 6,000 shares, the short-interest ratio is currently 2,613.2 days.

Jiangxi Copper Price Performance

Shares of OTCMKTS JIAXF remained flat at $1.83 during trading on Friday. The stock had a trading volume of 1 shares, compared to its average volume of 1,507. The company has a 50 day simple moving average of $1.60 and a 200 day simple moving average of $1.66. Jiangxi Copper has a 1 year low of $1.42 and a 1 year high of $2.47.

Jiangxi Copper Company Profile

Jiangxi Copper Company Limited engages in exploring, mining, smelting, and refining copper in Mainland China, Hong Kong, and internationally. It offers copper cathodes, copper rods and wires, sulphuric acid, and other products, as well as deposit, loan, guarantee, and financing consultation services.