China Hongqiao Group Limited (OTCMKTS:CHHQF) Short Interest Up 42.3% in January

China Hongqiao Group Limited (OTCMKTS:CHHQF) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 4,713,489 shares, a growth of 42.3% from the December 31st total of 3,311,553 shares. Based on an average trading volume of 2,268 shares, the days-to-cover ratio is presently 2,078.3 days. Based on an average trading volume of 2,268 shares, the days-to-cover ratio is presently 2,078.3 days.

China Hongqiao Group Stock Up 12.4%

CHHQF stock opened at $4.80 on Tuesday. The business has a 50 day moving average of $4.05 and a 200-day moving average of $3.41. China Hongqiao Group has a 12-month low of $1.57 and a 12-month high of $4.80.

About China Hongqiao Group

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.