Short Interest in Minco Capital Corp. (OTCMKTS:MGHCF) Grows By 510.8%

Minco Capital Corp. (OTCMKTS:MGHCF) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 5,803 shares, a growth of 510.8% from the July 15th total of 950 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 67,652 shares, the short-interest ratio is currently 0.1 days.

Minco Capital Stock Performance

OTCMKTS:MGHCF remained flat at $0.13 during midday trading on Thursday. 1,250 shares of the company traded hands, compared to its average volume of 29,164. Minco Capital has a 12-month low of $0.03 and a 12-month high of $0.14. The firm has a market capitalization of $5.66 million, a P/E ratio of 1.87 and a beta of -0.15. The company has a quick ratio of 61.96, a current ratio of 61.96 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average of $0.09 and a two-hundred day moving average of $0.08.

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.