Minco Capital Corp. (OTCMKTS:MGHCF) Sees Large Growth in Short Interest

Minco Capital Corp. (OTCMKTS:MGHCF) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 13,501 shares, an increase of 1,321.2% from the December 15th total of 950 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 28,259 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 28,259 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are sold short.

Minco Capital Price Performance

Minco Capital stock traded up $0.01 during mid-day trading on Monday, reaching $0.07. 500 shares of the company were exchanged, compared to its average volume of 8,531. The firm has a market cap of $2.97 million, a PE ratio of 3.04 and a beta of 0.10. The company has a fifty day simple moving average of $0.05 and a 200-day simple moving average of $0.04. Minco Capital has a 12 month low of $0.02 and a 12 month high of $0.07. The company has a debt-to-equity ratio of 0.01, a current ratio of 89.33 and a quick ratio of 89.33.

Minco Capital Company Profile

Minco Capital Corp., an investment company, focuses on investing in public and private companies and assets to generate income and achieve long-term capital appreciation. The company was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.