Faraday Copper Corp. (OTCMKTS:CPPKF) Short Interest Update

Faraday Copper Corp. (OTCMKTS:CPPKF) was the target of a large drop in short interest in 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 trading volume, of 22,600 shares, the short-interest ratio is currently 0.5 days.

Faraday Copper Price Performance

Shares of CPPKF stock traded down $0.01 during trading hours on Friday, reaching $0.64. 5,752 shares of the stock were exchanged, compared to its average volume of 18,655. Faraday Copper has a 12-month low of $0.34 and a 12-month high of $0.68. The company’s 50-day moving average price is $0.60 and its 200-day moving average price is $0.58.

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.