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

China Natural Resources, Inc. (NASDAQ:CHNR) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 22,800 shares, a growth of 5.1% from the March 15th total of 21,700 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average trading volume of 1,150,000 shares, the days-to-cover ratio is presently 0.0 days.

China Natural Resources Stock Performance

CHNR stock traded up $0.03 during mid-day trading on Tuesday, hitting $1.11. 33,560 shares of the company were exchanged, compared to its average volume of 1,028,683. The firm’s 50 day simple moving average is $1.26 and its 200 day simple moving average is $1.47. China Natural Resources has a 1-year low of $0.86 and a 1-year high of $8.85.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of China Natural Resources in a research note on Tuesday. They set a “sell” rating on the stock.

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.