Short Interest in China Tower Co. Limited (OTCMKTS:CHWRF) Drops By 10.9%

China Tower Co. Limited (OTCMKTS:CHWRF) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 30,822,900 shares, a decline of 10.9% from the March 31st total of 34,599,300 shares. Based on an average daily trading volume, of 204,400 shares, the short-interest ratio is currently 150.8 days.

China Tower Stock Performance

OTCMKTS CHWRF remained flat at $0.11 during trading hours on Tuesday. The firm has a 50 day simple moving average of $0.12 and a two-hundred day simple moving average of $0.10. China Tower has a 12 month low of $0.07 and a 12 month high of $0.15.

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.