China Natural Resources, Inc. (NASDAQ:CHNR – Get Free Report) saw a large decline in short interest in July. As of July 31st, there was short interest totalling 55,400 shares, a decline of 62.6% from the July 15th total of 148,000 shares. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily volume of 267,200 shares, the short-interest ratio is presently 0.2 days.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on shares of China Natural Resources in a research note on Tuesday, August 6th. They issued a “sell” rating on the stock.
View Our Latest Report on CHNR
China Natural Resources Stock Performance
About China Natural Resources
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.
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