China Gold International Resources Corp. Ltd. (OTCMKTS:JINFF) Sees Large Drop in Short Interest

China Gold International Resources Corp. Ltd. (OTCMKTS:JINFF) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 285,167 shares, a decrease of 42.1% from the May 14th total of 492,285 shares. Based on an average trading volume of 4,280 shares, the days-to-cover ratio is presently 66.6 days.

China Gold International Resources Stock Performance

Shares of JINFF traded down $0.53 during mid-day trading on Tuesday, hitting $20.17. 9,825 shares of the company traded hands, compared to its average volume of 4,639. China Gold International Resources has a 1-year low of $8.15 and a 1-year high of $31.82. The business has a 50 day moving average of $21.06 and a 200 day moving average of $22.03.

China Gold International Resources Company Profile

China Gold International Resources Corp. Ltd. is a publicly traded gold and polymetallic miner with principal operations located in the People’s Republic of China. Founded in 2006 as a subsidiary of China National Gold Group, the company is listed on the Toronto Stock Exchange and the Hong Kong Stock Exchange, and trades over the counter in the United States under the ticker JINFF. Its core business activities include the exploration, development, extraction and sale of gold, copper and silver concentrate products.

The company’s flagship asset is the Chang Shan Hao (CSH) open‐pit gold mine in Inner Mongolia.