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

CMOC Group Limited (OTCMKTS:CMCLF) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 8,258,000 shares, a growth of 69.9% from the October 31st total of 4,861,200 shares. Based on an average daily volume of 9,300 shares, the days-to-cover ratio is currently 888.0 days.

CMOC Group Stock Performance

CMCLF stock opened at $0.70 on Friday. CMOC Group has a 1-year low of $0.47 and a 1-year high of $1.09. The business has a 50 day simple moving average of $0.88 and a two-hundred day simple moving average of $0.87.

About CMOC Group

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.