Nickel Creek Platinum Corp. (OTCMKTS:NCPCF) Shares Shorted: Short Interest Up 532.7% in October

Nickel Creek Platinum Corp. (OTCMKTS:NCPCF) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 949 shares, a growth of 532.7% from the September 30th total of 150 shares. Based on an average daily volume of 3,044 shares, the short-interest ratio is currently 0.3 days.

Nickel Creek Platinum Stock Down 4.6%

Shares of NCPCF stock opened at $0.77 on Tuesday. The business has a 50-day moving average price of $1.09 and a two-hundred day moving average price of $1.92. Nickel Creek Platinum has a 12-month low of $0.77 and a 12-month high of $5.00.

Nickel Creek Platinum Company Profile

Nickel Creek Platinum Corp. is a Canadian mineral exploration and development company focused on advancing the Nickel Shaw project in the Yukon. The company’s principal objective is to evaluate and develop a large-scale polymetallic deposit containing nickel, copper, cobalt, palladium, platinum and gold.

The Nickel Shaw project, formerly known as the Wellgreen project, is located in the Kluane region of southwestern Yukon. Nickel Creek Platinum has conducted exploration, engineering and technical studies intended to assess the project’s mineral resources, potential mine development and processing alternatives.

The company’s activities are concentrated in Canada, and its business is focused on mineral exploration and project development rather than the production or sale of refined metals.