Faraday Copper Corp. (OTCMKTS:CPPKF) Sees Significant Growth in Short Interest

Faraday Copper Corp. (OTCMKTS:CPPKF) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 34,700 shares, an increase of 109.0% from the November 30th total of 16,600 shares. Based on an average daily trading volume, of 25,700 shares, the days-to-cover ratio is currently 1.4 days.

Faraday Copper Price Performance

OTCMKTS CPPKF remained flat at $0.53 during trading on Friday. Faraday Copper has a 52 week low of $0.34 and a 52 week high of $0.70. The business’s fifty day simple moving average is $0.60 and its two-hundred day simple moving average is $0.59.

Faraday Copper Company Profile

Faraday Copper Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. The company holds a 100% interest in the Copper Creek project consisting of 73 square kilometers private land, patented and un-patented mining claims, and state prospecting permits located in Pinal County, Arizona.