Short Interest in CMOC Group Limited (OTCMKTS:CMCLF) Drops By 7.5%

CMOC Group Limited (OTCMKTS:CMCLF) was the recipient of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 4,861,200 shares, a drop of 7.5% from the October 15th total of 5,256,000 shares. Based on an average trading volume of 7,000 shares, the days-to-cover ratio is presently 694.5 days.

CMOC Group Stock Performance

CMCLF opened at $0.81 on Tuesday. CMOC Group has a 12 month low of $0.47 and a 12 month high of $1.09. The stock’s 50 day moving average price is $0.88 and its 200 day moving average price is $0.89.

CMOC Group Company Profile

CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, and refining of base and rare metals. It operates through Molybdenum, Tungsten and Related Products; Niobium, Phosphorus and Related Products; Copper, Cobalt and Related Products; Metal trading; and Others segments.