China Hongqiao Group Limited (OTCMKTS:CHHQF – Get Free Report) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 78,809 shares, a drop of 52.7% from the August 31st total of 166,656 shares. Based on an average daily volume of 6,746 shares, the days-to-cover ratio is presently 11.7 days.
China Hongqiao Group Price Performance
Shares of OTCMKTS:CHHQF opened at $2.78 on Tuesday. China Hongqiao Group has a 52-week low of $2.42 and a 52-week high of $5.19. The stock’s 50-day moving average is $2.96 and its 200-day moving average is $3.62.
China Hongqiao Group Company Profile
China Hongqiao Group Limited is an integrated aluminum producer headquartered in Binzhou, Shandong Province, China. The company’s operations span the aluminum value chain, from alumina refining and primary aluminum smelting to the production of aluminum alloy products and carbon materials used in the smelting process.
The company also operates supporting power-generation and energy facilities associated with its production operations. Its products are used in sectors including transportation, construction, packaging, electrical equipment and consumer goods.
See Also
- Five stocks we like better than China Hongqiao Group
- Apple, Meta, and SpaceX Are Driving a Device Boom—These 3 Stocks Could Benefit
- 2 Short-Squeeze Candidates Waiting for the Right Catalyst
- MongoDB Stock Drops 17% After CEO Exit—What Investors Should Know
- Bernstein Downgrades 3 Cybersecurity Stocks: How Concerned Should Investors Be?
Receive News & Ratings for China Hongqiao Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Hongqiao Group and related companies with MarketBeat.com's FREE daily email newsletter.
