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

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

CMOC Group Stock Performance

CMOC Group stock opened at $0.79 on Monday. The firm’s fifty day simple moving average is $0.88 and its 200-day simple moving average is $0.89. CMOC Group has a 1-year low of $0.47 and a 1-year 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.