China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Update

China Natural Resources, Inc. (NASDAQ:CHNR) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 21,800 shares, a decline of 67.5% from the March 15th total of 67,100 shares. Based on an average daily volume of 156,800 shares, the short-interest ratio is presently 0.1 days. Approximately 0.6% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on China Natural Resources in a research note on Friday. They issued a “sell” rating on the stock.

China Natural Resources Trading Down 5.4 %

NASDAQ:CHNR traded down $0.03 during midday trading on Tuesday, reaching $0.49. 4,706 shares of the company traded hands, compared to its average volume of 155,267. The company has a fifty day moving average price of $0.56 and a 200 day moving average price of $0.63. China Natural Resources has a twelve month low of $0.45 and a twelve month high of $1.26.

China Natural Resources Company Profile

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.