Short Interest in Nickel 28 Capital Corp. (OTCMKTS:CONXF) Drops By 93.5%

Nickel 28 Capital Corp. (OTCMKTS:CONXF) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,000 shares, a drop of 93.5% from the February 29th total of 15,300 shares. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is currently 0.1 days.

Nickel 28 Capital Price Performance

OTCMKTS:CONXF remained flat at $0.45 on Friday. 25 shares of the company’s stock were exchanged, compared to its average volume of 11,296. The company has a 50 day moving average of $0.49 and a two-hundred day moving average of $0.61. Nickel 28 Capital has a 12-month low of $0.38 and a 12-month high of $1.25.

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. The company was formerly known as Conic Metals Corp.