China Natural Resources, Inc. (NASDAQ:CHNR – Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 22,800 shares, a growth of 5.1% from the March 15th total of 21,700 shares. Based on an average daily volume of 1,150,000 shares, the short-interest ratio is currently 0.0 days. Currently, 0.6% of the shares of the company are sold short.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on shares of China Natural Resources in a research note on Tuesday. They set a “sell” rating for the company.
Read Our Latest Stock Report on CHNR
China Natural Resources Trading Up 2.8 %
China Natural Resources Company Profile
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.
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