Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) Short Interest Down 14.3% in December

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 600 shares, a drop of 14.3% from the December 15th total of 700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 6.0 days.

Metallurgical Co. of China Stock Performance

Shares of OTCMKTS:MLLUY remained flat at $3.81 during trading on Friday. Metallurgical Co. of China has a 12-month low of $3.69 and a 12-month high of $4.65. The company’s 50-day moving average price is $3.97 and its 200-day moving average price is $3.71.

Metallurgical Co. of China (OTCMKTS:MLLUY) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.36 earnings per share for the quarter. Metallurgical Co. of China had a return on equity of 3.19% and a net margin of 0.95%. The firm had revenue of $15.89 billion for the quarter.

About Metallurgical Co. of China

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.