China Tower Co. Limited (OTCMKTS:CHWRF) Short Interest Update

China Tower Co. Limited (OTCMKTS:CHWRF) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 29,423,600 shares, a decline of 31.3% from the September 30th total of 42,845,600 shares. Based on an average daily volume of 11,500 shares, the days-to-cover ratio is presently 2,558.6 days.

China Tower Stock Performance

Shares of CHWRF stock remained flat at $0.13 during trading hours on Friday. China Tower has a twelve month low of $0.07 and a twelve month high of $0.15. The company has a 50-day moving average of $0.12 and a 200 day moving average 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.