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

China Natural Resources, Inc. (NASDAQ:CHNR) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 64,992 shares, a growth of 198.0% from the May 31st total of 21,807 shares. Based on an average daily volume of 368,651 shares, the days-to-cover ratio is presently 0.2 days. Approximately 6.7% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of China Natural Resources in a research note on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

China Natural Resources Trading Down 3.3%

China Natural Resources stock traded down $0.14 during midday trading on Tuesday, reaching $3.93. 864 shares of the stock traded hands, compared to its average volume of 416,569. China Natural Resources has a fifty-two week low of $3.16 and a fifty-two week high of $8.20. The firm has a fifty day moving average price of $4.12 and a two-hundred day moving average price of $3.93.

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. It also offers equipment for rural wastewater treatment; and engineering. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong.