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

China Natural Resources, Inc. (NASDAQ:CHNR) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 21,800 shares, a decline of 67.5% from the March 15th total of 67,100 shares. Based on an average trading volume of 156,800 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.6% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on China Natural Resources in a report on Friday, April 11th. They set a “sell” rating on the stock.

China Natural Resources Trading Down 3.9 %

CHNR traded down $0.02 on Wednesday, hitting $0.47. 8,067 shares of the company were exchanged, compared to its average volume of 144,419. The business’s fifty day moving average is $0.56 and its 200 day moving average is $0.63. China Natural Resources has a fifty-two week low of $0.45 and a fifty-two week high of $1.14.

China Natural Resources Company Profile

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.