Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) Sees Significant Decline in Short Interest

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 500 shares, a drop of 16.7% from the February 13th total of 600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 5.0 days. Currently, 0.0% of the company’s shares are short sold.

Metallurgical Co. of China Stock Performance

MLLUY stock remained flat at $3.95 during midday trading on Wednesday. 2 shares of the company traded hands, compared to its average volume of 20. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 5.41 and a beta of 0.53. The company’s fifty day moving average price is $3.89 and its two-hundred day moving average price is $3.87. Metallurgical Co. of China has a 1-year low of $3.69 and a 1-year high of $4.65.

About Metallurgical Co. of China

Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacture, and resource development businesses in China and internationally. The company’s Engineering Contracting segment offers engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects.