Short Interest in Faraday Copper Corp. (OTCMKTS:CPPKF) Drops By 11.2%

Faraday Copper Corp. (OTCMKTS:CPPKF) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 43,600 shares, a decline of 11.2% from the January 15th total of 49,100 shares. Based on an average daily volume of 33,000 shares, the days-to-cover ratio is currently 1.3 days.

Faraday Copper Price Performance

Shares of Faraday Copper stock traded down $0.00 on Friday, reaching $0.53. The company had a trading volume of 2,443 shares, compared to its average volume of 12,648. The firm’s 50-day moving average price is $0.52 and its two-hundred day moving average price is $0.58. Faraday Copper has a 1 year low of $0.34 and a 1 year high of $0.70.

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.