Minco Capital Corp. (OTCMKTS:MGHCF) Short Interest Down 96.6% in April

Minco Capital Corp. (OTCMKTS:MGHCF) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 950 shares, a decline of 96.6% from the April 15th total of 28,145 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 9,294 shares, the days-to-cover ratio is currently 0.1 days.

Minco Capital Price Performance

Minco Capital stock remained flat at $0.08 during trading hours on Tuesday. The company’s stock had a trading volume of 500 shares, compared to its average volume of 5,038. The company has a quick ratio of 94.62, a current ratio of 94.62 and a debt-to-equity ratio of 0.01. The company has a market cap of $3.45 million, a PE ratio of 1.00 and a beta of -0.07. Minco Capital has a 12 month low of $0.03 and a 12 month high of $0.09. The firm has a fifty day simple moving average of $0.08 and a two-hundred day simple moving average of $0.07.

About Minco Capital

Minco Capital Corp., an investment company, focuses on investing in public and private companies and assets to generate income and achieve long-term capital appreciation. The company was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.