China Natural Resources, Inc. (NASDAQ:CHNR) Sees Significant Increase in Short Interest

China Natural Resources, Inc. (NASDAQ:CHNR) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 40,346 shares, a growth of 150.4% from the January 15th total of 16,111 shares. Approximately 4.3% of the company’s stock are short sold. Based on an average trading volume of 69,073 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 69,073 shares, the short-interest ratio is currently 0.6 days. Approximately 4.3% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of China Natural Resources in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, China Natural Resources currently has an average rating of “Sell”.

China Natural Resources Price Performance

Shares of CHNR stock opened at $3.61 on Friday. The firm has a fifty day moving average of $3.87 and a two-hundred day moving average of $4.24. China Natural Resources has a 1-year low of $3.16 and a 1-year high of $8.20.

China Natural Resources (NASDAQ:CHNR) last issued its earnings results on Wednesday, December 31st. The basic materials company reported ($0.07) earnings per share (EPS) for the quarter.

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.