Minco Capital Corp. (OTCMKTS:MGHCF) Sees Significant Growth in Short Interest

Minco Capital Corp. (OTCMKTS:MGHCF) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 13,501 shares, a growth of 1,321.2% from the December 15th total of 950 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 28,259 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 28,259 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Minco Capital Trading Up 13.0%

Shares of MGHCF stock traded up $0.01 during mid-day trading on Monday, hitting $0.07. The company’s stock had a trading volume of 500 shares, compared to its average volume of 8,531. The company has a market cap of $2.97 million, a PE ratio of 3.04 and a beta of 0.10. The company has a debt-to-equity ratio of 0.01, a quick ratio of 89.33 and a current ratio of 89.33. The company’s fifty day simple moving average is $0.05 and its 200-day simple moving average is $0.04. Minco Capital has a 52 week low of $0.02 and a 52 week high of $0.07.

About Minco Capital

Minco Capital Corp., an investment company, focuses on investing in public and private companies and assets to generate income and achieve long-term capital appreciation. The company was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.