China Tower Co. Limited (OTCMKTS:CHWRF) Short Interest Up 125.5% in December

China Tower Co. Limited (OTCMKTS:CHWRF) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 10,457,600 shares, a growth of 125.5% from the December 15th total of 4,637,600 shares. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is currently 428.6 days.

China Tower Stock Performance

China Tower stock remained flat at $0.14 during midday trading on Tuesday. China Tower has a 1 year low of $0.09 and a 1 year high of $0.16. The stock’s fifty day simple moving average is $0.13 and its two-hundred day simple moving average is $0.12.

About China Tower

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.