China Natural Resources, Inc. (NASDAQ:CHNR) Stock Short Interest Report for September

China Natural Resources, Inc. (NASDAQ:CHNR) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 5,153 shares, an increase of 66.7% from the September 15th total of 3,092 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 5,053 shares, the short-interest ratio is presently 1.0 days.

China Natural Resources Stock Up 2.7%

NASDAQ CHNR opened at $4.04 on Friday. China Natural Resources has a one year low of $3.18 and a one year high of $7.20. The company has a 50-day simple moving average of $4.00 and a 200-day simple moving average of $4.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of China Natural Resources from a “sell (d)” rating to a “sell (e+)” rating in a report on Friday, September 25th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell”.

China Natural Resources Company Profile

China Natural Resources, Inc (NASDAQ: CHNR) is a natural resources company focused primarily on the acquisition, exploration and development of mineral properties. Through its subsidiaries and investment interests, the company has historically pursued opportunities involving iron ore and other mineral resources.

The company’s activities have been concentrated in the People’s Republic of China, including mineral properties in areas such as Anhui Province and Inner Mongolia. Its business may include evaluating exploration prospects, developing mineral assets and working with local partners or subsidiaries to advance resource projects.

China Natural Resources has operated as a holding company with interests in China-based natural resource businesses.