China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Down 51.2% in February

China Natural Resources, Inc. (NASDAQ:CHNR) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 19,701 shares, a drop of 51.2% from the January 29th total of 40,346 shares. Based on an average daily trading volume, of 15,669 shares, the days-to-cover ratio is currently 1.3 days. Currently, 2.1% of the shares of the company are short sold. Currently, 2.1% of the shares of the company are short sold. Based on an average daily trading volume, of 15,669 shares, the days-to-cover ratio is currently 1.3 days.

Wall Street Analysts Forecast Growth

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

China Natural Resources Stock Performance

Shares of China Natural Resources stock opened at $3.35 on Friday. China Natural Resources has a one year low of $3.16 and a one year high of $8.20. The firm has a fifty day moving average of $3.74 and a two-hundred day moving average of $4.23.

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