Yankuang Energy Group Company Limited (OTCMKTS:YZCAY – Get Rating) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 12,100 shares, a decline of 29.7% from the May 31st total of 17,200 shares. Based on an average daily volume of 12,300 shares, the short-interest ratio is presently 1.0 days.
Shares of OTCMKTS YZCAY opened at $28.50 on Tuesday. The business’s 50 day moving average price is $30.78 and its two-hundred day moving average price is $27.19. Yankuang Energy Group has a twelve month low of $12.21 and a twelve month high of $36.92.
Separately, JPMorgan Chase & Co. upgraded Yankuang Energy Group from an “underweight” rating to a “neutral” rating in a report on Wednesday, March 9th.
Yankuang Energy Group Company Limited engages in the mining, preparation, and sale of coal worldwide. It offers thermal, PCI, and coking coal for electric power, metallurgy and chemical industry, etc.; produces and sells coal chemicals, as well as electricity and related heat supply services; explores for potash mineral; manufactures, installs, repairs, and sells coal mining and excavating equipment, cable, and electrical equipment; and sells construction materials and petroleum products.
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