Short Interest in Zhaojin Mining Industry Company Limited (OTCMKTS:ZHAOF) Expands By 18.7%

Zhaojin Mining Industry Company Limited (OTCMKTS:ZHAOF) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 7,342,700 shares, a growth of 18.7% from the August 31st total of 6,184,600 shares. Based on an average trading volume of 26,700 shares, the days-to-cover ratio is currently 275.0 days.

Zhaojin Mining Industry Price Performance

Shares of OTCMKTS ZHAOF opened at $1.60 on Friday. The firm has a 50-day moving average of $1.62 and a two-hundred day moving average of $1.50. Zhaojin Mining Industry has a twelve month low of $1.47 and a twelve month high of $1.80.

About Zhaojin Mining Industry

Zhaojin Mining Industry Company Limited, an investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and silver products in the People's Republic of China. The company operates through three segments: Gold Operations, Copper Operations, and Others. It offers gold bullions under the Zhaojin brand.