Minco Capital Corp. (OTCMKTS:MGHCF) Sees Large Growth in Short Interest

Minco Capital Corp. (OTCMKTS:MGHCF) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 28,145 shares, an increase of 22.6% from the March 15th total of 22,954 shares. Based on an average daily volume of 1,946 shares, the short-interest ratio is currently 14.5 days. Currently, 0.1% of the company’s shares are short sold.

Minco Capital Stock Performance

MGHCF stock remained flat at $0.09 during mid-day trading on Friday. The company’s stock had a trading volume of 3,000 shares, compared to its average volume of 3,781. The company has a debt-to-equity ratio of 0.01, a current ratio of 89.33 and a quick ratio of 89.33. The company has a market cap of $3.67 million, a P/E ratio of 1.06 and a beta of 0.05. The company has a fifty day moving average of $0.07 and a two-hundred day moving average of $0.06. Minco Capital has a 52 week low of $0.03 and a 52 week high of $0.09.

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.