Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) Sees Large Growth in Short Interest

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 800 shares, an increase of 166.7% from the March 31st total of 300 shares. Based on an average trading volume of 700 shares, the short-interest ratio is presently 1.1 days.

Metallurgical Co. of China Price Performance

OTCMKTS MLLUY remained flat at $3.39 on Friday. The business has a fifty day moving average price of $3.87 and a 200-day moving average price of $3.78. The firm has a market capitalization of $3.51 billion, a PE ratio of 2.47 and a beta of 0.49. Metallurgical Co. of China has a one year low of $3.24 and a one year high of $6.64.

Metallurgical Co. of China Company Profile

Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacture, and resource development businesses in China and internationally. The company's Engineering Contracting segment offers engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects.