Minco Capital Corp. (OTCMKTS:MGHCF) Sees Significant Decline in Short Interest

Minco Capital Corp. (OTCMKTS:MGHCF) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 950 shares, a decrease of 96.6% from the April 15th total of 28,145 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 9,294 shares, the days-to-cover ratio is currently 0.1 days.

Minco Capital Stock Performance

Shares of OTCMKTS MGHCF traded down $0.00 during trading hours on Monday, reaching $0.08. The stock had a trading volume of 500 shares, compared to its average volume of 5,038. The business’s fifty day moving average is $0.08 and its two-hundred day moving average is $0.07. The company has a debt-to-equity ratio of 0.01, a current ratio of 94.62 and a quick ratio of 94.62. The company has a market cap of $3.45 million, a price-to-earnings ratio of 1.00 and a beta of -0.07. Minco Capital has a twelve month low of $0.03 and a twelve month high of $0.09.

About Minco Capital

Minco Capital Corp., an investment company, focuses on investing in public and private companies and assets to generate income and achieve long-term capital appreciation. The company was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.