Short Interest in China Hongqiao Group Limited (OTCMKTS:CHHQF) Decreases By 7.8%

China Hongqiao Group Limited (OTCMKTS:CHHQF) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 33,427,000 shares, a decline of 7.8% from the October 31st total of 36,262,200 shares. Based on an average trading volume of 186,200 shares, the days-to-cover ratio is presently 179.5 days.

China Hongqiao Group Price Performance

Shares of CHHQF remained flat at $1.66 during trading hours on Monday. 121,000 shares of the stock traded hands, compared to its average volume of 550. The stock has a 50 day moving average price of $1.60 and a two-hundred day moving average price of $1.31. China Hongqiao Group has a 52 week low of $1.65 and a 52 week high of $1.71.

About China Hongqiao Group

China Hongqiao Group Limited, an investment holding company, manufactures and sells aluminum products in the People's Republic of China and Indonesia. The company's products include molten aluminum alloys, aluminum alloy ingots, aluminum busbars, aluminum alloy processing, and alumina products.