Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) Short Interest Up 1,566.7% in January

Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 10,000 shares, an increase of 1,566.7% from the December 31st total of 600 shares. Based on an average daily trading volume, of 8,200 shares, the short-interest ratio is currently 1.2 days.

Zijin Mining Group Price Performance

OTCMKTS ZIJMY traded down $0.54 on Tuesday, reaching $38.57. 75,410 shares of the stock were exchanged, compared to its average volume of 79,955. Zijin Mining Group has a one year low of $30.22 and a one year high of $50.25. The company’s 50-day simple moving average is $38.11 and its two-hundred day simple moving average is $40.28.

About Zijin Mining Group

Zijin Mining Group Company Limited, together with its subsidiaries, engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally. It primarily produces gold bullion; gold, copper, zinc, lead, tungsten, and iron ore concentrates; and copper cathodes, zinc bullion, sulphuric acid, copperplate, silver, iron, etc., as well as molybdenum, cobalt, tin, coal, lithium, platinum, and palladium.