China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Update

China Natural Resources, Inc. (NASDAQ:CHNR) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 7,885 shares, a decrease of 55.7% from the July 30th total of 17,789 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average trading volume of 21,082 shares, the days-to-cover ratio is currently 0.4 days.

China Natural Resources Price Performance

Shares of CHNR traded down $0.05 during mid-day trading on Friday, hitting $4.05. 3,019 shares of the company’s stock were exchanged, compared to its average volume of 12,610. China Natural Resources has a 52 week low of $3.18 and a 52 week high of $8.20. The company has a 50-day simple moving average of $3.94 and a 200 day simple moving average of $3.94.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of China Natural Resources in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

About China Natural Resources

China Natural Resources, Inc, through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. It explores for lead, silver, and other nonferrous metals. The company holds interest in the Moruogu Tong mine that covers an area of 7.81 square kilometers located in Bayannaoer City, Inner Mongolia. It also offers equipment for rural wastewater treatment; and engineering. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong.