Minco Capital Corp. (OTCMKTS:MGHCF) Sees Significant Decline in Short Interest

Minco Capital Corp. (OTCMKTS:MGHCF) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 950 shares, a decline of 96.6% from the April 15th total of 28,145 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 9,294 shares, the short-interest ratio is currently 0.1 days.

Minco Capital Stock Performance

OTCMKTS MGHCF traded down $0.00 during trading on Monday, hitting $0.08. The company’s stock had a trading volume of 500 shares, compared to its average volume of 5,038. The company has a quick ratio of 94.62, a current ratio of 94.62 and a debt-to-equity ratio of 0.01. The firm has a 50 day moving average price of $0.08 and a 200 day moving average price of $0.07. The firm has a market cap of $3.45 million, a P/E ratio of 1.00 and a beta of -0.07. Minco Capital has a 52 week low of $0.03 and a 52 week high of $0.09.

About Minco Capital

Minco Capital Corp., an investment company, focuses on investing in public and private companies and assets to generate income and achieve long-term capital appreciation. The company was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.