CH4 Natural Solutions Corporation (NYSE:MTNE) Sees Significant Decrease in Short Interest

CH4 Natural Solutions Corporation (NYSE:MTNE) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 184 shares, a drop of 83.3% from the September 15th total of 1,102 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 335 shares, the days-to-cover ratio is currently 0.5 days.

CH4 Natural Solutions Trading Down 0.2%

Shares of MTNE opened at $9.93 on Friday. CH4 Natural Solutions has a 12-month low of $9.84 and a 12-month high of $10.05. The firm’s fifty day moving average price is $9.90.

Analyst Ratings Changes

Several research firms have recently weighed in on MTNE. Weiss Ratings started coverage on shares of CH4 Natural Solutions in a report on Wednesday, September 16th. They issued a “sell (e)” rating on the stock. Wall Street Zen raised CH4 Natural Solutions to a “hold” rating in a report on Saturday, June 27th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About CH4 Natural Solutions

CH4 Natural Solutions Corporation is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination. CH4 Natural Solutions Corporation is based in NEW YORK.