China Tower Co. Limited (OTCMKTS:CHWRF) Short Interest Update

China Tower Co. Limited (OTCMKTS:CHWRF) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 59,700 shares, an increase of 7,362.5% from the April 30th total of 800 shares. Based on an average trading volume of 132,000 shares, the days-to-cover ratio is presently 0.5 days.

China Tower Price Performance

Shares of CHWRF stock traded up $0.04 on Wednesday, hitting $1.51. 2,500 shares of the company’s stock were exchanged, compared to its average volume of 4,256. China Tower has a 12 month low of $0.25 and a 12 month high of $1.85. The company has a 50 day moving average of $1.45 and a 200 day moving average of $1.43.

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.