China Hongqiao Group Limited (OTCMKTS:CHHQF – Get Free Report) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 3,311,553 shares, a drop of 39.8% from the December 15th total of 5,497,787 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
China Hongqiao Group Stock Performance
Shares of China Hongqiao Group stock opened at $4.80 on Friday. China Hongqiao Group has a 1 year low of $1.57 and a 1 year high of $4.80. The firm’s 50-day simple moving average is $3.80 and its 200-day simple moving average is $3.21.
China Hongqiao Group Company Profile
China Hongqiao Group Limited is one of the world’s leading producers of primary aluminum and related products. The company operates an integrated production chain spanning bauxite mining, alumina refining, primary aluminum smelting and power generation. Leveraging access to low-cost hydroelectric power and in-house alumina capacity, Hongqiao has established a position as a cost-competitive supplier in the global aluminum market.
Founded in 1994 and headquartered in Binzhou, Shandong Province, China Hongqiao Group has grown through vertical integration and strategic expansion.
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