Short Interest in Jiangxi Copper Company Limited (OTCMKTS:JIAXF) Rises By 2,608.1%

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 1,002,000 shares, a growth of 2,608.1% from the July 31st total of 37,000 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 2,004.0 days.

Jiangxi Copper Stock Performance

Shares of OTCMKTS:JIAXF opened at $1.47 on Wednesday. The stock has a 50 day moving average of $1.85 and a 200 day moving average of $1.81. Jiangxi Copper has a 12-month low of $1.28 and a 12-month high of $2.47.

About Jiangxi Copper

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.