Short Interest in China Natural Resources, Inc. (NASDAQ:CHNR) Decreases By 37.8%

China Natural Resources, Inc. (NASDAQ:CHNR) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 23,900 shares, a decrease of 37.8% from the August 31st total of 38,400 shares. Based on an average trading volume of 90,400 shares, the days-to-cover ratio is presently 0.3 days. Approximately 4.6% of the company’s stock are short sold. Approximately 4.6% of the company’s stock are short sold. Based on an average trading volume of 90,400 shares, the days-to-cover ratio is presently 0.3 days.

China Natural Resources Trading Down 2.8%

Shares of NASDAQ CHNR opened at $4.93 on Monday. The business’s 50 day moving average price is $4.12 and its 200 day moving average price is $4.15. China Natural Resources has a 52 week low of $3.16 and a 52 week high of $9.04.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of China Natural Resources in a report on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

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.