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

Interra Copper Corp. (OTCMKTS:IMIMF) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 91,616 shares, a growth of 6,073.6% from the October 15th total of 1,484 shares. Based on an average daily trading volume, of 40,705 shares, the days-to-cover ratio is presently 2.3 days.

Interra Copper Stock Performance

Shares of Interra Copper stock traded up $0.01 during trading on Tuesday, hitting $0.03. 13,261 shares of the stock traded hands, 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 stock’s fifty day simple moving average is $0.05 and its 200 day simple moving average is $0.07.

About Interra Copper

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.