China Tower Co. Limited (OTCMKTS:CHWRF) Sees Large Decline in Short Interest

China Tower Co. Limited (OTCMKTS:CHWRF) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 13,229,600 shares, a drop of 47.3% from the October 31st total of 25,125,800 shares. Based on an average daily volume of 2,334,300 shares, the short-interest ratio is currently 5.7 days.

China Tower Stock Down 5.8 %

OTCMKTS:CHWRF traded down $0.01 during trading hours on Friday, reaching $0.12. 6,000 shares of the stock were exchanged, compared to its average volume of 258,877. China Tower has a twelve month low of $0.08 and a twelve month high of $0.15. The business has a 50-day moving average of $0.13 and a two-hundred day moving average of $0.12.

China Tower Company Profile

China Tower Corporation Limited, together with its subsidiaries, provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed antenna systems.