Short Interest in China Natural Resources, Inc. (NASDAQ:CHNR) Grows By 33.6%

China Natural Resources, Inc. (NASDAQ:CHNR) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 21,955 shares, an increase of 33.6% from the November 30th total of 16,436 shares. Approximately 2.3% of the company’s stock are sold short. Based on an average daily volume of 25,850 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 25,850 shares, the days-to-cover ratio is currently 0.8 days. Approximately 2.3% of the company’s stock are sold short.

China Natural Resources Stock Down 1.4%

NASDAQ:CHNR opened at $3.45 on Tuesday. China Natural Resources has a twelve month low of $3.16 and a twelve month high of $8.20. The stock’s 50 day moving average price is $4.26 and its two-hundred day moving average price is $4.25.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of China Natural Resources in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

China Natural Resources Company Profile

China Natural Resources, Inc, through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. It explores for lead, silver, and other nonferrous metals. The company holds interest in the Moruogu Tong mine that covers an area of 7.81 square kilometers located in Bayannaoer City, Inner Mongolia. It also offers equipment for rural wastewater treatment; and engineering. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong.