Huaneng Power International, Inc. (OTCMKTS:HUNGF) Sees Large Increase in Short Interest

Huaneng Power International, Inc. (OTCMKTS:HUNGF) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 13,001,600 shares, a growth of 238.3% from the October 15th total of 3,843,400 shares. Based on an average trading volume of 11,900 shares, the days-to-cover ratio is presently 1,092.6 days.

Huaneng Power International Stock Performance

OTCMKTS:HUNGF opened at $0.52 on Thursday. Huaneng Power International has a 1 year low of $0.44 and a 1 year high of $0.75. The firm has a 50 day moving average of $0.56 and a 200-day moving average of $0.61.

Huaneng Power International Company Profile

Huaneng Power International, Inc, together with its subsidiaries, generates and sells electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It develops, constructs, operates, and manages power plants and related projects. The company generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources.