Short Interest in China Natural Resources, Inc. (NASDAQ:CHNR) Rises By 198.0%

China Natural Resources, Inc. (NASDAQ:CHNR) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 64,992 shares, an increase of 198.0% from the May 31st total of 21,807 shares. Approximately 6.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 368,651 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of China Natural Resources in a report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

China Natural Resources Stock Performance

Shares of NASDAQ CHNR traded up $0.13 during mid-day trading on Monday, reaching $4.07. The company had a trading volume of 7,374 shares, compared to its average volume of 419,976. China Natural Resources has a 1-year low of $3.16 and a 1-year high of $8.20. The company has a 50-day moving average price of $4.12 and a two-hundred day moving average price of $3.93.

About China Natural Resources

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.