CMOC Group Limited (OTCMKTS:CMCLF) Sees Large Increase in Short Interest

CMOC Group Limited (OTCMKTS:CMCLF) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 11,746,600 shares, an increase of 72.2% from the December 15th total of 6,819,700 shares. Based on an average trading volume of 10,500 shares, the short-interest ratio is presently 1,118.7 days.

CMOC Group Price Performance

CMCLF stock traded down $0.06 during midday trading on Wednesday, reaching $0.68. The stock had a trading volume of 12,086 shares, compared to its average volume of 6,498. CMOC Group has a twelve month low of $0.50 and a twelve month high of $1.09. The business has a fifty day simple moving average of $0.74 and a two-hundred day simple moving average of $0.82.

CMOC Group Company Profile

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.