CMOC Group Limited (OTCMKTS:CMCLF) Sees Significant Drop in Short Interest

CMOC Group Limited (OTCMKTS:CMCLF) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 169,000 shares, a decrease of 98.5% from the January 15th total of 10,906,400 shares. Based on an average daily trading volume, of 16,600 shares, the short-interest ratio is currently 10.2 days.

CMOC Group Stock Performance

OTCMKTS:CMCLF opened at $0.77 on Thursday. The stock’s 50 day moving average price is $0.72 and its 200 day moving average price is $0.80. CMOC Group has a 52 week low of $0.52 and a 52 week high of $1.09.

About CMOC Group

CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, and refining of base and rare metals. It operates through Molybdenum, Tungsten and Related Products; Niobium, Phosphorus and Related Products; Copper, Cobalt and Related Products; Metal trading; and Others segments.