CMOC Group Limited (OTCMKTS:CMCLF) Sees Significant Drop in Short Interest

CMOC Group Limited (OTCMKTS:CMCLF) saw a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 169,000 shares, a decrease of 98.5% from the January 15th total of 10,906,400 shares. Based on an average daily volume of 16,600 shares, the short-interest ratio is currently 10.2 days.

CMOC Group Trading Down 1.7 %

Shares of CMCLF opened at $0.77 on Thursday. CMOC Group has a fifty-two week low of $0.52 and a fifty-two week high of $1.09. The business’s 50-day moving average is $0.72 and its 200-day moving average is $0.80.

About CMOC Group

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.