China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Up 56.0% in December

China Natural Resources, Inc. (NASDAQ:CHNR) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 82,200 shares, a growth of 56.0% from the November 30th total of 52,700 shares. Approximately 2.3% of the shares of the stock are sold short. Based on an average daily volume of 71,800 shares, the days-to-cover ratio is currently 1.1 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on China Natural Resources in a report on Saturday. They issued a “sell” rating on the stock.

China Natural Resources Stock Performance

Shares of NASDAQ:CHNR opened at $0.63 on Friday. The firm has a fifty day moving average price of $0.64 and a 200 day moving average price of $0.68. China Natural Resources has a fifty-two week low of $0.51 and a fifty-two week high of $8.85.

About China Natural Resources

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.