Minco Capital Corp. (OTCMKTS:MGHCF) Sees Significant Growth in Short Interest

Minco Capital Corp. (OTCMKTS:MGHCF) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 5,803 shares, a growth of 510.8% from the July 15th total of 950 shares. Based on an average daily volume of 67,652 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Minco Capital Stock Performance

MGHCF opened at $0.14 on Wednesday. Minco Capital has a 12-month low of $0.03 and a 12-month high of $0.14. The firm has a market capitalization of $6.05 million, a P/E ratio of 2.00 and a beta of -0.15. The stock’s 50 day moving average price is $0.09 and its two-hundred day moving average price is $0.08. The company has a quick ratio of 61.96, a current ratio of 61.96 and a debt-to-equity ratio of 0.01.

About Minco Capital

Minco Capital Corp., an investment company, focuses on investing in public and private companies and assets to generate income and achieve long-term capital appreciation. The company was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.