CMOC Group Limited (OTCMKTS:CMCLF) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

CMOC Group Limited (OTCMKTS:CMCLF – Get Free Report) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 10,702,000 shares, a decline of 59.9% from the August 15th total of 26,718,400 shares. Based on an average trading volume of 47,000 shares, the days-to-cover ratio is presently 227.7 days. Based on an average trading volume of 47,000 shares, the days-to-cover ratio is presently 227.7 days.

CMOC Group Price Performance

CMOC Group stock opened at $1.71 on Monday. The business’s fifty day simple moving average is $1.29 and its two-hundred day simple moving average is $0.98. CMOC Group has a 12 month low of $0.58 and a 12 month high of $1.83.

About CMOC Group

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CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, and refining of base and rare metals. It operates through Molybdenum, Tungsten and Related Products; Niobium, Phosphorus and Related Products; Copper, Cobalt and Related Products; Metal trading; and Others segments.

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