China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Update

China Natural Resources, Inc. (NASDAQ:CHNR) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 15,273 shares, a decrease of 30.4% from the December 15th total of 21,955 shares. Based on an average daily volume of 7,213 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.6% of the company’s shares are short sold. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 7,213 shares, the days-to-cover ratio is currently 2.1 days.

China Natural Resources Stock Down 15.9%

Shares of NASDAQ CHNR traded down $0.72 during mid-day trading on Monday, reaching $3.81. The company had a trading volume of 36,793 shares, compared to its average volume of 15,773. The business’s 50-day simple moving average is $3.78 and its 200 day simple moving average is $4.23. China Natural Resources has a one year low of $3.16 and a one year high of $8.20.

China Natural Resources (NASDAQ:CHNR) last announced its quarterly earnings results on Wednesday, December 31st. The basic materials company reported ($0.07) earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

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