Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) Sees Large Decline in Short Interest

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 500 shares, a decline of 16.7% from the February 13th total of 600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 5.0 days. Currently, 0.0% of the shares of the stock are sold short.

Metallurgical Co. of China Price Performance

Shares of OTCMKTS:MLLUY remained flat at $3.95 on Wednesday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 20. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. Metallurgical Co. of China has a 1 year low of $3.69 and a 1 year high of $4.65. The stock has a market cap of $4.09 billion, a P/E ratio of 5.41 and a beta of 0.53. The firm’s 50-day moving average price is $3.89 and its 200-day moving average price is $3.87.

Metallurgical Co. of China Company Profile

Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacture, and resource development businesses in China and internationally. The company’s Engineering Contracting segment offers engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects.