China Hongqiao Group Limited (OTCMKTS:CHHQF – Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,680,245 shares, a growth of 142.6% from the July 15th total of 692,512 shares. Based on an average daily volume of 8,369 shares, the short-interest ratio is presently 200.8 days.
China Hongqiao Group Stock Performance
OTCMKTS:CHHQF opened at $2.90 on Friday. China Hongqiao Group has a one year low of $2.42 and a one year high of $5.19. The stock has a 50-day simple moving average of $3.01 and a 200 day simple moving average of $4.06.
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.
Featured Stories
- Five stocks we like better than China Hongqiao Group
- AMG’s Alternatives Boom Powers Record Growth
- Microsoft’s Maia 300 Chip Targets NVIDIA’s AI Dominance
- 3 Unexpected ETFs Crushing the Market This Summer
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
Receive News & Ratings for China Hongqiao Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Hongqiao Group and related companies with MarketBeat.com's FREE daily email newsletter.
