Short Interest in China Tower Co. Limited (OTCMKTS:CHWRF) Grows By 125.5%

China Tower Co. Limited (OTCMKTS:CHWRFGet Free Report) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 10,457,600 shares, a growth of 125.5% from the December 15th total of 4,637,600 shares. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is presently 428.6 days.

China Tower Stock Performance

OTCMKTS:CHWRF remained flat at $0.14 during midday trading on Tuesday. The firm’s 50 day simple moving average is $0.13 and its 200 day simple moving average is $0.12. China Tower has a one year low of $0.09 and a one year high of $0.16.

China Tower Company Profile

(Get Free Report)

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.

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