Short Interest in China Railway Group Limited (OTCMKTS:CRWOF) Grows By 6.9%

China Railway Group Limited (OTCMKTS:CRWOF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 8,711,400 shares, an increase of 6.9% from the December 15th total of 8,151,400 shares. Based on an average daily volume of 11,500 shares, the days-to-cover ratio is presently 757.5 days.

China Railway Group Stock Performance

Shares of OTCMKTS:CRWOF remained flat at $0.48 during trading on Friday. The stock’s 50-day moving average is $0.49 and its two-hundred day moving average is $0.50. China Railway Group has a 12 month low of $0.37 and a 12 month high of $0.60.

China Railway Group Company Profile

China Railway Group Limited, together with its subsidiaries, operates as an integrated construction company in the People's Republic of China, Hong Kong, and Macau. Its Infrastructure Construction segment constructs railways, highways, bridges, tunnels, metropolitan railways, buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.