CMOC Group Limited (OTCMKTS:CMCLF) Short Interest Down 98.5% in January

CMOC Group Limited (OTCMKTS:CMCLF) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 169,000 shares, a decline of 98.5% from the January 15th total of 10,906,400 shares. Based on an average trading volume of 16,600 shares, the days-to-cover ratio is presently 10.2 days.

CMOC Group Price Performance

CMOC Group stock traded down $0.01 during midday trading on Wednesday, hitting $0.77. 24,134 shares of the stock were exchanged, compared to its average volume of 8,309. The stock’s 50-day simple moving average is $0.72 and its 200 day simple moving average is $0.80. CMOC Group has a fifty-two week low of $0.52 and a fifty-two week high of $1.09.

About CMOC Group

CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, and refining of base and rare metals. It operates through Molybdenum, Tungsten and Related Products; Niobium, Phosphorus and Related Products; Copper, Cobalt and Related Products; Metal trading; and Others segments.