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

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

China Tower Price Performance

CHWRF stock remained flat at $0.11 on Tuesday. China Tower has a one year low of $0.07 and a one year high of $0.15. The company has a 50 day simple moving average of $0.12 and a two-hundred day simple moving average of $0.10.

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.