Short Interest in Marimaca Copper Corp. (OTCMKTS:MARIF) Declines By 47.0%

Marimaca Copper Corp. (OTCMKTS:MARIFGet Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 61,000 shares, a decrease of 47.0% from the September 15th total of 115,000 shares. Based on an average daily volume of 11,900 shares, the short-interest ratio is presently 5.1 days. Based on an average daily volume of 11,900 shares, the short-interest ratio is presently 5.1 days.

Marimaca Copper Price Performance

Shares of OTCMKTS MARIF opened at $7.81 on Thursday. The stock has a 50 day moving average price of $7.69 and a 200 day moving average price of $5.80. Marimaca Copper has a 52 week low of $3.07 and a 52 week high of $8.71.

About Marimaca Copper

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Marimaca Copper Corp. engages in the acquisition, exploration, and development of mineral properties and projects in the United States and Chile. The company explores for copper, gold, and other base and precious metals. Its flagship project is the Marimaca Copper project located in the Antofagasta Region of Chile.

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