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

China Natural Resources, Inc. (NASDAQ:CHNR) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 10,736 shares, a decrease of 37.2% from the June 30th total of 17,082 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average daily volume of 7,207 shares, the short-interest ratio is presently 1.5 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of China Natural Resources in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

China Natural Resources Trading Down 0.1%

Shares of CHNR opened at $3.73 on Friday. China Natural Resources has a 1-year low of $3.16 and a 1-year high of $8.20. The company has a 50-day moving average of $3.95 and a 200 day moving average of $3.93.

About China Natural Resources

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.