Short Interest in China Natural Resources, Inc. (NASDAQ:CHNR) Decreases By 46.3%

China Natural Resources, Inc. (NASDAQ:CHNR) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 4,233 shares, a decline of 46.3% from the August 15th total of 7,885 shares. Based on an average trading volume of 3,979 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.4% of the company’s stock are short sold.

China Natural Resources Trading Up 4.0%

Shares of NASDAQ CHNR traded up $0.15 during mid-day trading on Wednesday, reaching $3.93. The company had a trading volume of 4,203 shares, compared to its average volume of 295,688. China Natural Resources has a twelve month low of $3.18 and a twelve month high of $8.20. The stock’s 50 day moving average is $3.93 and its 200-day moving average is $3.98.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of China Natural Resources in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

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.