China Hongqiao Group Limited (OTCMKTS:CHHQF) Sees Significant Decline in Short Interest

China Hongqiao Group Limited (OTCMKTS:CHHQF) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 18,016,100 shares, a drop of 46.1% from the November 15th total of 33,427,000 shares. Based on an average daily volume of 49,000 shares, the short-interest ratio is currently 367.7 days.

China Hongqiao Group Price Performance

Shares of CHHQF stock remained flat at $1.66 during midday trading on Friday. The stock’s fifty day moving average price is $1.68 and its 200 day moving average price is $1.34. China Hongqiao Group has a 12 month low of $1.65 and a 12 month high of $1.71.

About China Hongqiao Group

China Hongqiao Group Limited, an investment holding company, manufactures and sells aluminum products in the People's Republic of China and Indonesia. The company's products include molten aluminum alloys, aluminum alloy ingots, aluminum busbars, aluminum alloy processing, and alumina products.