China Tower Co. Limited (OTCMKTS:CHWRF) Sees Significant Decrease in Short Interest

China Tower Co. Limited (OTCMKTS:CHWRF) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 5,409,600 shares, a decline of 59.1% from the November 15th total of 13,229,600 shares. Based on an average trading volume of 4,700 shares, the days-to-cover ratio is presently 1,151.0 days.

China Tower Stock Performance

Shares of CHWRF traded up $0.00 during mid-day trading on Friday, reaching $0.13. 12,050 shares of the company’s stock traded hands, compared to its average volume of 256,194. China Tower has a 12 month low of $0.09 and a 12 month high of $0.15. The business’s 50-day moving average price is $0.13 and its 200-day moving average price is $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.