Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) Sees Significant Increase in Short Interest

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 800 shares, a growth of 166.7% from the March 31st total of 300 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 1.1 days.

Metallurgical Co. of China Price Performance

Metallurgical Co. of China stock remained flat at $3.39 during midday trading on Friday. The firm has a market capitalization of $3.51 billion, a price-to-earnings ratio of 2.47 and a beta of 0.49. The company’s 50 day moving average is $3.87 and its 200 day moving average is $3.78. Metallurgical Co. of China has a 52 week low of $3.24 and a 52 week high of $6.64.

About Metallurgical Co. of China

Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacture, and resource development businesses in China and internationally. The company's Engineering Contracting segment offers engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects.