Short Interest in Interra Copper Corp. (OTCMKTS:IMIMF) Declines By 97.6%

Interra Copper Corp. (OTCMKTS:IMIMF) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,400 shares, a decrease of 97.6% from the April 15th total of 59,142 shares. Based on an average daily volume of 120,079 shares, the short-interest ratio is presently 0.0 days.

Interra Copper Price Performance

Shares of IMIMF traded up $0.00 during mid-day trading on Monday, hitting $0.07. The company’s stock had a trading volume of 44,420 shares, compared to its average volume of 84,071. The company’s 50-day moving average is $0.08 and its 200-day moving average is $0.10. Interra Copper has a 52-week low of $0.05 and a 52-week high of $0.15.

Interra Copper Company Profile

Interra Copper Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. The company holds interest in the Thane gold, copper, and silver property that covers an area of 50,904 acres located in Quesnel Terrane of northcentral British Columbia. In addition, it holds an option agreement to acquire interest in the Chuck Creek property that covers an area of 8,293 acres situated in central British Columbia. The company was formerly known as IMC International Mining Corp.