China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Down 33.3% in February

China Natural Resources, Inc. (NASDAQ:CHNR) was the target of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 78,200 shares, a decline of 33.3% from the January 31st total of 117,200 shares. Based on an average daily trading volume, of 173,100 shares, the days-to-cover ratio is presently 0.5 days. Currently, 2.2% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on China Natural Resources in a report on Sunday. They issued a “sell” rating for the company.

China Natural Resources Price Performance

CHNR stock traded up $0.01 during midday trading on Tuesday, reaching $0.58. The stock had a trading volume of 44,526 shares, compared to its average volume of 240,401. The business has a fifty day simple moving average of $0.62 and a two-hundred day simple moving average of $0.64. China Natural Resources has a twelve month low of $0.51 and a twelve month high of $1.43.

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.