Short Interest in China Natural Resources, Inc. (NASDAQ:CHNR) Drops By 37.2%

China Natural Resources, Inc. (NASDAQ:CHNR) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 10,736 shares, a decrease of 37.2% from the June 30th total of 17,082 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average trading volume of 7,207 shares, the short-interest ratio is currently 1.5 days.

China Natural Resources Stock Performance

CHNR stock traded down $0.01 on Thursday, reaching $3.70. The company’s stock had a trading volume of 2,971 shares, compared to its average volume of 361,275. China Natural Resources has a 52 week low of $3.16 and a 52 week high of $8.20. The firm has a fifty day moving average of $3.97 and a two-hundred day moving average of $3.93.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of China Natural Resources in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

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.