China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Update

China Natural Resources, Inc. (NASDAQ:CHNR) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 17,082 shares, a decrease of 73.7% from the June 15th total of 64,992 shares. Based on an average daily volume of 30,525 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.8% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of China Natural Resources in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, China Natural Resources presently has an average rating of “Sell”.

China Natural Resources Stock Performance

CHNR traded down $0.07 during trading on Monday, hitting $3.78. The stock had a trading volume of 2,933 shares, compared to its average volume of 391,364. China Natural Resources has a twelve month low of $3.16 and a twelve month high of $8.20. The company’s 50-day moving average price is $4.07 and its 200 day moving average price is $3.91.

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.