China Hongqiao Group Limited (OTCMKTS:CHHQF) Short Interest Update

China Hongqiao Group Limited (OTCMKTS:CHHQF) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 5,497,787 shares, a decrease of 22.9% from the November 30th total of 7,132,640 shares. Based on an average daily volume of 18 shares, the short-interest ratio is currently 305,432.6 days. Based on an average daily volume of 18 shares, the short-interest ratio is currently 305,432.6 days.

China Hongqiao Group Stock Performance

Shares of CHHQF stock opened at $3.69 on Tuesday. China Hongqiao Group has a 1-year low of $1.57 and a 1-year high of $3.84. The stock’s fifty day simple moving average is $3.64 and its 200-day simple moving average is $2.99.

China Hongqiao Group Company Profile

China Hongqiao Group Limited is one of the world’s leading producers of primary aluminum and related products. The company operates an integrated production chain spanning bauxite mining, alumina refining, primary aluminum smelting and power generation. Leveraging access to low-cost hydroelectric power and in-house alumina capacity, Hongqiao has established a position as a cost-competitive supplier in the global aluminum market.

Founded in 1994 and headquartered in Binzhou, Shandong Province, China Hongqiao Group has grown through vertical integration and strategic expansion.