Short Interest in Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) Rises By 1,566.7%

Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 10,000 shares, an increase of 1,566.7% from the December 15th total of 600 shares. Based on an average daily volume of 8,200 shares, the short-interest ratio is currently 1.2 days.

Zijin Mining Group Stock Performance

Shares of Zijin Mining Group stock traded up $1.20 during midday trading on Tuesday, hitting $39.96. The company had a trading volume of 58,653 shares, compared to its average volume of 47,213. The company has a fifty day simple moving average of $38.49 and a 200 day simple moving average of $40.59. Zijin Mining Group has a 12-month low of $30.22 and a 12-month high of $50.25.

About Zijin Mining Group

Zijin Mining Group Company Limited, together with its subsidiaries, engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally. It primarily produces gold bullion; gold, copper, zinc, lead, tungsten, and iron ore concentrates; and copper cathodes, zinc bullion, sulphuric acid, copperplate, silver, iron, etc., as well as molybdenum, cobalt, tin, coal, lithium, platinum, and palladium.