China Tower Co. Limited (OTCMKTS:CHWRF) Sees Large Drop in Short Interest

China Tower Co. Limited (OTCMKTS:CHWRF) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 4,637,600 shares, a decrease of 14.3% from the November 30th total of 5,409,600 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is presently 1,932.3 days.

China Tower Stock Performance

Shares of CHWRF stock traded up $0.00 during trading hours on Monday, hitting $0.14. 40,000 shares of the company were exchanged, compared to its average volume of 241,879. China Tower has a fifty-two week low of $0.09 and a fifty-two week high of $0.15. The company has a 50 day simple moving average of $0.13 and a two-hundred day simple moving average of $0.12.

China Tower Company Profile

China Tower Corporation Limited, together with its subsidiaries, provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed antenna systems.