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

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

China Tower Stock Performance

Shares of OTCMKTS CHWRF traded up $0.00 during mid-day trading on Friday, hitting $0.14. 40,000 shares of the stock were exchanged, compared to its average volume of 241,879. China Tower has a twelve month low of $0.09 and a twelve month high of $0.15. The stock’s fifty day simple moving average is $0.13 and its two-hundred day simple moving average 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.