Short Interest in Nickel 28 Capital Corp. (OTCMKTS:CONXF) Drops By 9.4%

Nickel 28 Capital Corp. (OTCMKTS:CONXFGet Rating) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 24,200 shares, a drop of 9.4% from the August 15th total of 26,700 shares. Based on an average daily volume of 18,100 shares, the days-to-cover ratio is presently 1.3 days.

Nickel 28 Capital Stock Performance

OTCMKTS:CONXF opened at $0.80 on Monday. Nickel 28 Capital has a fifty-two week low of $0.59 and a fifty-two week high of $1.43. The firm has a 50-day simple moving average of $0.76 and a two-hundred day simple moving average of $0.95.

Nickel 28 Capital Company Profile

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Nickel 28 Capital Corp. operates as a base metals company. The company holds an 8.56% joint-venture interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. It also manages a portfolio of 13 nickel and cobalt royalties on exploration and development projects in Canada, Australia, and Papua New Guinea.

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