Short Interest in China Tower Co. Limited (OTCMKTS:CHWRF) Increases By 125.5%

China Tower Co. Limited (OTCMKTS:CHWRF) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 10,457,600 shares, a growth of 125.5% from the December 15th total of 4,637,600 shares. Based on an average trading volume of 24,400 shares, the short-interest ratio is presently 428.6 days.

China Tower Stock Performance

Shares of OTCMKTS:CHWRF remained flat at $0.14 on Wednesday. The company’s fifty day simple moving average is $0.13 and its two-hundred day simple moving average is $0.12. China Tower has a one year low of $0.09 and a one year high of $0.16.

About China Tower

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.