China Hongqiao Group Limited (OTCMKTS:CHHQF) Sees Large Decrease in Short Interest

China Hongqiao Group Limited (OTCMKTS:CHHQF) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 14,221,000 shares, a decrease of 17.5% from the December 15th total of 17,239,400 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

China Hongqiao Group Stock Performance

CHHQF stock remained flat at $1.66 during midday trading on Friday. 229,000 shares of the company traded hands, compared to its average volume of 550. China Hongqiao Group has a 52 week low of $1.65 and a 52 week high of $1.71. The company’s fifty day moving average is $1.66 and its two-hundred day moving average is $1.43.

China Hongqiao Group Company Profile

China Hongqiao Group Limited, an investment holding company, manufactures and sells aluminum products in the People's Republic of China and Indonesia. The company's products include molten aluminum alloys, aluminum alloy ingots, aluminum busbars, aluminum alloy processing, and alumina products.