Minco Capital Corp. (OTCMKTS:MGHCF) Short Interest Down 83.6% in August

Minco Capital Corp. (OTCMKTS:MGHCF) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 950 shares, a decline of 83.6% from the July 30th total of 5,803 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 25,555 shares, the short-interest ratio is currently 0.0 days.

Minco Capital Price Performance

Shares of OTCMKTS MGHCF remained flat at $0.11 during midday trading on Thursday. 4,600 shares of the company traded hands, compared to its average volume of 17,456. The firm has a market cap of $4.67 million, a price-to-earnings ratio of 1.54 and a beta of -0.15. Minco Capital has a 12-month low of $0.04 and a 12-month high of $0.14. The firm has a fifty day simple moving average of $0.10 and a 200-day simple moving average of $0.09. The company has a debt-to-equity ratio of 0.01, a current ratio of 61.96 and a quick ratio of 61.96.

Minco Capital Company Profile

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.