China Hongqiao Group Limited (OTCMKTS:CHHQF – Get Free Report) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 78,809 shares, a decline of 52.7% from the August 31st total of 166,656 shares. Based on an average daily trading volume, of 6,746 shares, the short-interest ratio is currently 11.7 days.
China Hongqiao Group Price Performance
OTCMKTS CHHQF opened at $2.78 on Wednesday. The firm’s 50-day moving average is $2.95 and its two-hundred day moving average is $3.61. China Hongqiao Group has a 12 month low of $2.42 and a 12 month high of $5.19.
China Hongqiao Group Company Profile
China Hongqiao Group Limited is an integrated aluminum producer headquartered in Binzhou, Shandong Province, China. The company’s operations span the aluminum value chain, from alumina refining and primary aluminum smelting to the production of aluminum alloy products and carbon materials used in the smelting process.
The company also operates supporting power-generation and energy facilities associated with its production operations. Its products are used in sectors including transportation, construction, packaging, electrical equipment and consumer goods.
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