CMOC Group Limited (OTCMKTS:CMCLF) Sees Large Drop in Short Interest

CMOC Group Limited (OTCMKTS:CMCLF) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 873,600 shares, a decline of 29.3% from the February 13th total of 1,236,000 shares. Based on an average trading volume of 17,100 shares, the days-to-cover ratio is presently 51.1 days.

CMOC Group Price Performance

Shares of CMCLF stock opened at $0.83 on Tuesday. The stock’s 50-day simple moving average is $0.75 and its 200-day simple moving average is $0.79. CMOC Group has a fifty-two week low of $0.63 and a fifty-two week high of $1.09.

CMOC Group Company Profile

CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, and refining of base and rare metals. It operates through Molybdenum, Tungsten and Related Products; Niobium, Phosphorus and Related Products; Copper, Cobalt and Related Products; Metal trading; and Others segments.