China Hongqiao Group Limited (OTCMKTS:CHHQF – Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 144,400 shares, an increase of 83.2% from the September 15th total of 78,809 shares. Based on an average daily trading volume, of 2,429 shares, the days-to-cover ratio is presently 59.4 days.
China Hongqiao Group Price Performance
CHHQF opened at $2.53 on Thursday. China Hongqiao Group has a 1-year low of $2.42 and a 1-year high of $5.19. The business has a 50 day moving average of $2.86 and a 200-day moving average of $3.43.
China Hongqiao Group Company Profile
China Hongqiao Group Limited is an integrated aluminum producer headquartered in Binzhou, Shandong Province, China. The company’s operations span the aluminum value chain, from alumina refining and primary aluminum smelting to the production of aluminum alloy products and carbon materials used in the smelting process.
The company also operates supporting power-generation and energy facilities associated with its production operations. Its products are used in sectors including transportation, construction, packaging, electrical equipment and consumer goods.
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