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

China Natural Resources, Inc. (NASDAQ:CHNR) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 148,000 shares, a drop of 56.2% from the June 30th total of 338,200 shares. Approximately 4.2% of the company’s shares are short sold. Based on an average trading volume of 300,200 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of China Natural Resources in a research note on Sunday, July 21st. They issued a “sell” rating on the stock.

China Natural Resources Price Performance

CHNR stock traded down $0.01 during midday trading on Friday, reaching $0.69. The company’s stock had a trading volume of 25,816 shares, compared to its average volume of 65,769. China Natural Resources has a 52 week low of $0.61 and a 52 week high of $8.85. The business’s 50-day simple moving average is $0.81 and its 200-day simple moving average is $1.05.

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.