Faraday Copper Corp. (OTCMKTS:CPPKF) Sees Large Decline in Short Interest

Faraday Copper Corp. (OTCMKTS:CPPKF) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 16,600 shares, a drop of 19.8% from the November 15th total of 20,700 shares. Based on an average trading volume of 21,300 shares, the days-to-cover ratio is currently 0.8 days.

Faraday Copper Price Performance

Shares of Faraday Copper stock traded down $0.01 during trading on Friday, reaching $0.54. The company’s stock had a trading volume of 14,889 shares, compared to its average volume of 17,820. The firm’s 50-day moving average is $0.63 and its two-hundred day moving average is $0.60. Faraday Copper has a 52-week low of $0.34 and a 52-week high of $0.70.

About Faraday Copper

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.