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

CMOC Group Limited (OTCMKTS:CMCLF) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 20,449,200 shares, a decline of 8.4% from the August 31st total of 22,333,600 shares. Based on an average daily trading volume, of 9,300 shares, the short-interest ratio is currently 2,198.8 days.

CMOC Group Price Performance

CMCLF traded up $0.01 on Monday, hitting $0.94. 4,700 shares of the company’s stock were exchanged, compared to its average volume of 34,816. The stock has a fifty day moving average of $0.80 and a two-hundred day moving average of $0.88. CMOC Group has a twelve month low of $0.47 and a twelve month high of $1.09.

CMOC Group Company Profile

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.