Nickel 28 Capital Corp. (OTCMKTS:CONXF) Sees Large Decline in Short Interest

Nickel 28 Capital Corp. (OTCMKTS:CONXF) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 1,500 shares, a decline of 84.5% from the February 13th total of 9,700 shares. Based on an average daily volume of 15,300 shares, the short-interest ratio is currently 0.1 days.

Nickel 28 Capital Price Performance

OTCMKTS CONXF remained flat at $0.54 on Friday. The company’s stock had a trading volume of 1,095 shares, compared to its average volume of 22,996. The business has a 50 day moving average price of $0.56 and a 200-day moving average price of $0.54. Nickel 28 Capital has a 12-month low of $0.41 and a 12-month 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.