Jiangxi Copper Company Limited (OTCMKTS:JIAXF) Sees Large Decline in Short Interest

Jiangxi Copper Company Limited (OTCMKTS:JIAXFGet Free Report) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totalling 49,000 shares, a drop of 10.1% from the April 15th total of 54,500 shares. Based on an average daily volume of 149,000 shares, the short-interest ratio is presently 0.3 days.

Jiangxi Copper Stock Performance

Jiangxi Copper stock opened at $2.00 on Wednesday. Jiangxi Copper has a 12-month low of $1.28 and a 12-month high of $2.14. The business’s 50-day moving average price is $1.72 and its two-hundred day moving average price is $1.50.

About Jiangxi Copper

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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.

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