Jervois Global Limited (OTCMKTS:JRVMF) Sees Large Drop in Short Interest

Jervois Global Limited (OTCMKTS:JRVMF) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,930,600 shares, a decline of 18.2% from the February 29th total of 2,360,300 shares. Based on an average trading volume of 706,900 shares, the days-to-cover ratio is presently 2.7 days.

Jervois Global Price Performance

Shares of Jervois Global stock remained flat at $0.02 on Monday. 513,805 shares of the stock were exchanged, compared to its average volume of 425,416. Jervois Global has a twelve month low of $0.01 and a twelve month high of $0.08. The stock’s fifty day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02.

About Jervois Global

Jervois Global Limited engages in the exploration, development, and production of mineral properties. It explores for cobalt, nickel, copper, and gold deposits. The company holds 100% interest in the Idaho Cobalt Operations project located in the state of Idaho, the United States; the São Miguel Paulista nickel cobalt refinery in São Paulo, Brazil; and the Nico Young nickel-cobalt deposits in New South Wales, Australia.