China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Down 51.2% in February

China Natural Resources, Inc. (NASDAQ:CHNR) saw a significant drop in short interest in February. As of February 13th, there was short interest totaling 19,701 shares, a drop of 51.2% from the January 29th total of 40,346 shares. Based on an average daily volume of 15,669 shares, the days-to-cover ratio is currently 1.3 days. Currently, 2.1% of the company’s stock are short sold. Currently, 2.1% of the company’s stock are short sold. Based on an average daily volume of 15,669 shares, the days-to-cover ratio is currently 1.3 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of China Natural Resources in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

China Natural Resources Trading Down 1.4%

Shares of NASDAQ CHNR opened at $3.35 on Friday. China Natural Resources has a twelve month low of $3.16 and a twelve month high of $8.20. The stock has a 50 day moving average of $3.74 and a two-hundred day moving average of $4.23.

China Natural Resources (NASDAQ:CHNR) last announced its earnings results on Wednesday, December 31st. The basic materials company reported ($0.07) earnings per share (EPS) for the quarter.

About China Natural Resources

China Natural Resources, Inc, through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. It explores for lead, silver, and other nonferrous metals. The company holds interest in the Moruogu Tong mine that covers an area of 7.81 square kilometers located in Bayannaoer City, Inner Mongolia. It also offers equipment for rural wastewater treatment; and engineering. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong.