Short Interest in Faraday Copper Corp. (OTCMKTS:CPPKF) Drops By 70.1%

Faraday Copper Corp. (OTCMKTS:CPPKF) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 11,100 shares, a drop of 70.1% from the September 30th total of 37,100 shares. Based on an average daily volume of 22,600 shares, the short-interest ratio is presently 0.5 days.

Faraday Copper Stock Performance

Shares of OTCMKTS:CPPKF traded down $0.01 during trading on Friday, reaching $0.64. The stock had a trading volume of 5,752 shares, compared to its average volume of 18,655. The business has a fifty day moving average price of $0.60 and a 200-day moving average price of $0.58. Faraday Copper has a 1-year low of $0.34 and a 1-year high of $0.68.

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.