China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Update

China Natural Resources, Inc. (NASDAQ:CHNR) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 17,082 shares, a decline of 73.7% from the June 15th total of 64,992 shares. Based on an average trading volume of 30,525 shares, the short-interest ratio is currently 0.6 days. Currently, 1.8% of the company’s shares are sold short.

China Natural Resources Stock Performance

CHNR traded up $0.12 during trading on Friday, reaching $3.90. The company had a trading volume of 5,840 shares, compared to its average volume of 19,884. China Natural Resources has a 12 month low of $3.16 and a 12 month high of $8.20. The business’s fifty day moving average price is $4.07 and its 200 day moving average price is $3.91.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of China Natural Resources in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

China Natural Resources Company Profile

China Natural Resources, Inc, through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. It explores for lead, silver, and other nonferrous metals. The company holds interest in the Moruogu Tong mine that covers an area of 7.81 square kilometers located in Bayannaoer City, Inner Mongolia. It also offers equipment for rural wastewater treatment; and engineering. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong.