Marimaca Copper Corp. (OTCMKTS:MARIF) Short Interest Update

Marimaca Copper Corp. (OTCMKTS:MARIF) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 82,122 shares, an increase of 286.2% from the January 29th total of 21,264 shares. Based on an average daily volume of 9,322 shares, the short-interest ratio is presently 8.8 days. Based on an average daily volume of 9,322 shares, the short-interest ratio is presently 8.8 days.

Marimaca Copper Stock Performance

MARIF stock traded up $0.20 during mid-day trading on Friday, reaching $7.63. 9,100 shares of the company’s stock were exchanged, compared to its average volume of 14,062. Marimaca Copper has a 12-month low of $3.07 and a 12-month high of $9.87. The stock’s 50 day moving average is $8.28 and its 200 day moving average is $7.94.

About Marimaca Copper

Marimaca Copper Inc is a mineral exploration and development company focused on advancing the Marimaca copper project in the Antofagasta region of northern Chile. The company’s primary objective is to bring its near?surface, oxide copper deposit into production through a low?cost, heap?leach and solvent extraction?electrowinning (SX?EW) process. Marimaca Copper is listed on the OTC Markets under the ticker symbol MARIF.

The Marimaca deposit hosts a substantial oxide resource with demonstrated grade and scale, supported by detailed drilling and metallurgical test work.