CMOC Group Limited (OTCMKTS:CMCLF) Short Interest Down 98.5% in January

CMOC Group Limited (OTCMKTS:CMCLF) was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 169,000 shares, a drop of 98.5% from the January 15th total of 10,906,400 shares. Based on an average trading volume of 16,600 shares, the short-interest ratio is currently 10.2 days.

CMOC Group Price Performance

Shares of OTCMKTS:CMCLF traded down $0.01 during trading on Wednesday, reaching $0.77. 24,134 shares of the company’s stock traded hands, compared to its average volume of 8,309. CMOC Group has a fifty-two week low of $0.52 and a fifty-two week high of $1.09. The company has a 50-day simple moving average of $0.72 and a 200-day simple moving average of $0.80.

CMOC Group Company Profile

CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, and refining of base and rare metals. It operates through Molybdenum, Tungsten and Related Products; Niobium, Phosphorus and Related Products; Copper, Cobalt and Related Products; Metal trading; and Others segments.