Short Interest in China Tower Co. Limited (OTCMKTS:CHWRF) Declines By 23.0%

China Tower Co. Limited (OTCMKTS:CHWRF) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 19,047,000 shares, a decrease of 23.0% from the January 31st total of 24,745,300 shares. Based on an average daily trading volume, of 11,600 shares, the days-to-cover ratio is currently 1,642.0 days.

China Tower Trading Up 0.7 %

Shares of OTCMKTS CHWRF opened at $1.47 on Thursday. The business’s 50 day moving average price is $1.44 and its 200-day moving average price is $1.30. China Tower has a fifty-two week low of $0.09 and a fifty-two week high of $0.16.

China Tower Company Profile

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.