Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) Sees Large Drop in Short Interest

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 500 shares, a decrease of 16.7% from the February 13th total of 600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5.0 days. Currently, 0.0% of the shares of the stock are sold short.

Metallurgical Co. of China Price Performance

Shares of Metallurgical Co. of China stock remained flat at $3.95 during trading on Tuesday. 53 shares of the stock traded hands, compared to its average volume of 20. The stock’s 50-day simple moving average is $3.88 and its 200 day simple moving average is $3.87. The stock has a market cap of $4.09 billion, a P/E ratio of 5.41 and a beta of 0.53. Metallurgical Co. of China has a 1-year low of $3.69 and a 1-year high of $4.65. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.

About Metallurgical Co. of China

Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacture, and resource development businesses in China and internationally. The company’s Engineering Contracting segment offers engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects.