Short Interest in Nickel 28 Capital Corp. (OTCMKTS:CONXF) Drops By 33.8%

Nickel 28 Capital Corp. (OTCMKTS:CONXF) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 18,800 shares, a decrease of 33.8% from the September 30th total of 28,400 shares. Based on an average daily volume of 14,700 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily volume of 14,700 shares, the days-to-cover ratio is currently 1.3 days.

Nickel 28 Capital Trading Down 5.1%

Shares of Nickel 28 Capital stock opened at $0.50 on Tuesday. The firm has a 50-day simple moving average of $0.52 and a two-hundred day simple moving average of $0.52. Nickel 28 Capital has a fifty-two week low of $0.39 and a fifty-two week high of $0.63.

About Nickel 28 Capital

Nickel 28 Capital Corp. operates as a base metals company. The company holds interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. It also manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia, and Papua New Guinea, including NSR royalty in the Dumont nickel project located in Quebec; and in the Turnagain nickel project located in British Columbia.