China Tower Co. Limited (OTCMKTS:CHWRF) Sees Significant Growth in Short Interest

China Tower Co. Limited (OTCMKTS:CHWRF) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 10,457,600 shares, an increase of 125.5% from the December 31st total of 4,637,600 shares. Based on an average daily trading volume, of 24,400 shares, the short-interest ratio is currently 428.6 days.

China Tower Stock Up 7.1 %

China Tower stock traded up $0.01 during trading hours on Thursday, hitting $0.15. The company had a trading volume of 1,000 shares, compared to its average volume of 92,950. The firm has a 50-day moving average of $0.14 and a 200 day moving average of $0.13. China Tower has a one year low of $0.09 and a one year high of $0.16.

About China Tower

China Tower Corporation Limited, together with its subsidiaries, provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed antenna systems.