Zhaojin Mining Industry Company Limited (OTCMKTS:ZHAOF) Short Interest Up 79.5% in April

Zhaojin Mining Industry Company Limited (OTCMKTS:ZHAOF) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 452,284 shares, a growth of 79.5% from the April 15th total of 252,034 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Zhaojin Mining Industry Price Performance

Shares of ZHAOF stock opened at $3.25 on Monday. The business’s 50-day moving average price is $4.02 and its 200-day moving average price is $3.82. Zhaojin Mining Industry has a 12 month low of $3.25 and a 12 month high of $4.40.

About Zhaojin Mining Industry

Zhaojin Mining Industry Company Limited operates as one of China’s leading gold producers, focusing on the exploration, mining, processing and sale of gold and associated precious metals. Headquartered in Zhaoyuan City, Shandong Province, the company’s core activities include underground and open-pit mining, ore beneficiation and refinery operations. Its product portfolio primarily consists of gold dore bars and gold concentrates, along with by-product silver, which it sells to industrial customers and trading houses both domestically and abroad.

The company maintains a network of mines and processing facilities across Shandong Province, where it applies conventional mining techniques alongside modern beneficiation methods such as carbon-in-pulp (CIP) and flotation to optimize recovery rates.