Short Interest in China Tower Co. Limited (OTCMKTS:CHWRF) Drops By 47.3%

China Tower Co. Limited (OTCMKTS:CHWRF) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 13,229,600 shares, a drop of 47.3% from the October 31st total of 25,125,800 shares. Based on an average trading volume of 2,334,300 shares, the days-to-cover ratio is presently 5.7 days.

China Tower Stock Down 5.8 %

China Tower stock traded down $0.01 during trading on Friday, reaching $0.12. The stock had a trading volume of 6,000 shares, compared to its average volume of 258,877. China Tower has a 52-week low of $0.08 and a 52-week high of $0.15. The business has a 50 day moving average price of $0.13 and a 200 day moving average price of $0.12.

About China Tower

China Tower Corporation Limited, together with its subsidiaries, provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed antenna systems.