China Tower Co. Limited (OTCMKTS:CHWRF) Short Interest Down 19.9% in May

China Tower Co. Limited (OTCMKTS:CHWRF) was the recipient of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 7,371,500 shares, a drop of 19.9% from the May 15th total of 9,201,500 shares. Based on an average trading volume of 2,100 shares, the short-interest ratio is currently 3,510.2 days.

China Tower Stock Performance

China Tower stock remained flat at $0.10 during mid-day trading on Friday. The firm’s fifty day moving average is $0.11 and its 200 day moving average is $0.11. China Tower has a fifty-two week low of $0.07 and a fifty-two week high of $0.14.

About China Tower

China Tower Corporation Limited, together with its subsidiaries, provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed antenna systems.