CMOC Group Limited (OTCMKTS:CMCLF) Sees Large Growth in Short Interest

CMOC Group Limited (OTCMKTS:CMCLFGet Free Report) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 4,376,747 shares, a growth of 4,672.3% from the July 30th total of 91,711 shares. Based on an average daily volume of 23,323 shares, the short-interest ratio is currently 187.7 days.

CMOC Group Stock Performance

Shares of CMOC Group stock opened at $2.15 on Wednesday. CMOC Group has a 12-month low of $1.03 and a 12-month high of $3.55. The firm’s 50 day simple moving average is $2.16 and its two-hundred day simple moving average is $2.38.

About CMOC Group

(Get Free Report)

CMOC Group (OTCMKTS: CMCLF) is a China-based mining and metals company with a diversified portfolio of base metals and critical minerals. The company’s core business activities encompass the exploration, development and production of copper, molybdenum, cobalt, niobium, phosphate, tungsten and gold. Through a combination of wholly owned and joint-venture operations, CMOC Group serves industrial, energy and technology markets worldwide.

Among CMOC Group’s principal assets is the Tenke Fungurume mine in the Democratic Republic of the Congo, one of the world’s largest sources of copper and cobalt.

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