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

China Natural Resources, Inc. (NASDAQ:CHNR) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 40,346 shares, a growth of 150.4% from the January 15th total of 16,111 shares. Based on an average daily volume of 69,073 shares, the days-to-cover ratio is currently 0.6 days. Approximately 4.3% of the company’s stock are short sold. Approximately 4.3% of the company’s stock are short sold. Based on an average daily volume of 69,073 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of China Natural Resources in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

China Natural Resources Price Performance

Shares of NASDAQ CHNR traded down $0.16 during midday trading on Thursday, reaching $3.57. The company’s stock had a trading volume of 1,592 shares, compared to its average volume of 37,365. The firm has a 50 day moving average price of $3.87 and a 200-day moving average price of $4.25. China Natural Resources has a 12-month low of $3.16 and a 12-month high of $8.20.

China Natural Resources (NASDAQ:CHNR) last issued its quarterly earnings results on Wednesday, December 31st. The basic materials company reported ($0.07) EPS for the quarter.

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.