Short Interest in Zhaojin Mining Industry Company Limited (OTCMKTS:ZHAOF) Increases By 3,625.7%

Zhaojin Mining Industry Company Limited (OTCMKTS:ZHAOF) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 13,087,746 shares, a growth of 3,625.7% from the May 14th total of 351,284 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Zhaojin Mining Industry Stock Performance

Zhaojin Mining Industry stock remained flat at $2.96 during mid-day trading on Tuesday. The company has a fifty day simple moving average of $3.80 and a two-hundred day simple moving average of $3.85. Zhaojin Mining Industry has a twelve month low of $2.45 and a twelve month high of $4.40.

Zhaojin Mining Industry Company Profile

Zhaojin Mining Industry Company Limited operates as one of China’s leading gold producers, focusing on the exploration, mining, processing and sale of gold and associated precious metals. Headquartered in Zhaoyuan City, Shandong Province, the company’s core activities include underground and open-pit mining, ore beneficiation and refinery operations. Its product portfolio primarily consists of gold dore bars and gold concentrates, along with by-product silver, which it sells to industrial customers and trading houses both domestically and abroad.

The company maintains a network of mines and processing facilities across Shandong Province, where it applies conventional mining techniques alongside modern beneficiation methods such as carbon-in-pulp (CIP) and flotation to optimize recovery rates.