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

Faraday Copper Corp. (OTCMKTS:CPPKF) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 64,200 shares, an increase of 45.6% from the September 15th total of 44,100 shares. Based on an average daily trading volume, of 110,300 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 110,300 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

Separately, TD Securities reaffirmed a “buy” rating on shares of Faraday Copper in a research report on Tuesday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Faraday Copper Trading Up 1.5%

CPPKF opened at $1.34 on Thursday. Faraday Copper has a 52-week low of $0.44 and a 52-week high of $1.40. The business’s 50-day simple moving average is $1.09 and its 200 day simple moving average is $0.81.

Faraday Copper Company Profile

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.