Minco Capital Corp. (OTCMKTS:MGHCF) Sees Significant Decrease in Short Interest

Minco Capital Corp. (OTCMKTS:MGHCF) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 22,954 shares, a decline of 17.9% from the February 12th total of 27,954 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 5,961 shares, the short-interest ratio is currently 3.9 days. Based on an average daily volume of 5,961 shares, the short-interest ratio is currently 3.9 days. Currently, 0.1% of the shares of the company are short sold.

Minco Capital Price Performance

OTCMKTS MGHCF opened at $0.07 on Wednesday. The stock has a market capitalization of $2.98 million, a price-to-earnings ratio of 3.45 and a beta of 0.10. Minco Capital has a 1-year low of $0.02 and a 1-year high of $0.09. The company has a debt-to-equity ratio of 0.01, a current ratio of 89.33 and a quick ratio of 89.33. The business’s fifty day moving average price is $0.07 and its 200-day moving average price is $0.06.

Minco Capital Company Profile

Minco Capital Corp., an investment company, focuses on investing in public and private companies and assets to generate income and achieve long-term capital appreciation. The company was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.