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

CMOC Group Limited (OTCMKTS:CMCLF) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 10,702,000 shares, a decrease of 59.9% from the August 15th total of 26,718,400 shares. Based on an average daily trading volume, of 47,000 shares, the days-to-cover ratio is currently 227.7 days. Based on an average daily trading volume, of 47,000 shares, the days-to-cover ratio is currently 227.7 days.

CMOC Group Trading Up 0.6%

OTCMKTS:CMCLF opened at $1.71 on Monday. CMOC Group has a 12-month low of $0.58 and a 12-month high of $1.83. The stock has a 50-day moving average price of $1.29 and a 200 day moving average price of $0.98.

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.