China Hongqiao Group Limited (OTCMKTS:CHHQF) Short Interest Down 12.0% in January

China Hongqiao Group Limited (OTCMKTS:CHHQF) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 12,197,200 shares, a decline of 12.0% from the January 15th total of 13,866,900 shares. Based on an average trading volume of 83,200 shares, the days-to-cover ratio is currently 146.6 days.

China Hongqiao Group Stock Performance

Shares of OTCMKTS CHHQF remained flat at $1.60 during midday trading on Friday. The company’s 50-day moving average is $1.66 and its 200-day moving average is $1.51. China Hongqiao Group has a one year low of $1.60 and a one year high of $1.71.

About China Hongqiao Group

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.