CMOC Group Limited (OTCMKTS:CMCLF) Short Interest Up 4,672.3% in August

CMOC Group Limited (OTCMKTS:CMCLF) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 4,376,747 shares, a growth of 4,672.3% from the July 30th total of 91,711 shares. Based on an average daily volume of 23,323 shares, the days-to-cover ratio is presently 187.7 days.

CMOC Group Stock Down 8.5%

OTCMKTS:CMCLF traded down $0.20 during trading hours on Tuesday, hitting $2.15. 587 shares of the stock were exchanged, compared to its average volume of 19,894. The company’s 50 day moving average is $2.17 and its two-hundred day moving average is $2.39. CMOC Group has a twelve month low of $1.03 and a twelve month high of $3.55.

CMOC Group Company Profile

CMOC Group (OTCMKTS: CMCLF) is a China-based mining and metals company with a diversified portfolio of base metals and critical minerals. The company’s core business activities encompass the exploration, development and production of copper, molybdenum, cobalt, niobium, phosphate, tungsten and gold. Through a combination of wholly owned and joint-venture operations, CMOC Group serves industrial, energy and technology markets worldwide.

Among CMOC Group’s principal assets is the Tenke Fungurume mine in the Democratic Republic of the Congo, one of the world’s largest sources of copper and cobalt.