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

Minco Capital Corp. (OTCMKTS:MGHCF) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 14,414 shares, a growth of 1,375.3% from the January 15th total of 977 shares. Based on an average trading volume of 103,991 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 103,991 shares, the days-to-cover ratio is currently 0.1 days.

Minco Capital Stock Performance

Shares of OTCMKTS:MGHCF traded down $0.01 during trading on Thursday, reaching $0.07. The company had a trading volume of 8,250 shares, compared to its average volume of 32,509. Minco Capital has a fifty-two week low of $0.02 and a fifty-two week high of $0.09. The company has a debt-to-equity ratio of 0.01, a current ratio of 89.33 and a quick ratio of 89.33. The stock’s fifty day moving average price is $0.06 and its 200 day moving average price is $0.05. The firm has a market capitalization of $2.88 million, a price-to-earnings ratio of 3.34 and a beta of 0.08.

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.