China Tower Co. Limited (OTCMKTS:CHWRF) Sees Large Decline in Short Interest

China Tower Co. Limited (OTCMKTS:CHWRF) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 5,409,600 shares, a decrease of 59.1% from the November 15th total of 13,229,600 shares. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is currently 1,151.0 days.

China Tower Stock Performance

CHWRF remained flat at $0.12 during midday trading on Wednesday. China Tower has a 52-week low of $0.08 and a 52-week high of $0.15. The firm’s fifty day moving average is $0.13 and its 200 day moving average is $0.12.

About China Tower

China Tower Corporation Limited, together with its subsidiaries, provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed antenna systems.