China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Down 30.4% in December

China Natural Resources, Inc. (NASDAQ:CHNR) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 15,273 shares, a decline of 30.4% from the December 15th total of 21,955 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily volume of 7,213 shares, the short-interest ratio is presently 2.1 days. Based on an average daily volume of 7,213 shares, the short-interest ratio is presently 2.1 days. Approximately 1.6% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of China Natural Resources in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

China Natural Resources Price Performance

China Natural Resources stock traded down $0.72 during midday trading on Friday, hitting $3.81. 36,793 shares of the stock were exchanged, compared to its average volume of 15,773. The stock’s 50-day simple moving average is $3.78 and its 200 day simple moving average is $4.23. China Natural Resources has a fifty-two week low of $3.16 and a fifty-two week high of $8.20.

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

China Natural Resources Company Profile

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.