Short Interest in CMOC Group Limited (OTCMKTS:CMCLF) Decreases By 7.5%

CMOC Group Limited (OTCMKTS:CMCLF) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 4,861,200 shares, a drop of 7.5% from the October 15th total of 5,256,000 shares. Based on an average daily volume of 7,000 shares, the days-to-cover ratio is presently 694.5 days.

CMOC Group Stock Performance

Shares of OTCMKTS:CMCLF opened at $0.79 on Monday. CMOC Group has a 52 week low of $0.47 and a 52 week high of $1.09. The firm’s 50 day moving average is $0.88 and its two-hundred day moving average is $0.89.

About CMOC Group

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.