Short Interest in China Natural Resources, Inc. (NASDAQ:CHNR) Decreases By 37.2%

China Natural Resources, Inc. (NASDAQ:CHNR) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 10,736 shares, a decline of 37.2% from the June 30th total of 17,082 shares. Currently, 1.1% of the shares of the company are short sold. Based on an average daily volume of 7,207 shares, the short-interest ratio is presently 1.5 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of China Natural Resources in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

China Natural Resources Price Performance

NASDAQ CHNR traded down $0.00 on Friday, reaching $3.73. 716 shares of the stock were exchanged, compared to its average volume of 358,800. China Natural Resources has a one year low of $3.16 and a one year high of $8.20. The company’s 50-day simple moving average is $3.96 and its two-hundred day simple moving average is $3.93.

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.