China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Update

China Natural Resources, Inc. (NASDAQ:CHNR) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 17,789 shares, an increase of 65.7% from the July 15th total of 10,736 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average trading volume of 51,172 shares, the short-interest ratio is currently 0.3 days.

China Natural Resources Stock Up 1.7%

Shares of NASDAQ:CHNR opened at $4.17 on Wednesday. The company has a 50 day moving average of $3.91 and a 200 day moving average of $3.93. China Natural Resources has a 12 month low of $3.18 and a 12 month high of $8.20.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of China Natural Resources in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

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.