Short Interest in Huaneng Power International, Inc. (OTCMKTS:HUNGF) Drops By 45.6%

Huaneng Power International, Inc. (OTCMKTS:HUNGF) was the recipient of a large decline in short interest in May. As of May 31st, there was short interest totalling 612,000 shares, a decline of 45.6% from the May 15th total of 1,124,000 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is currently 75.6 days.

Huaneng Power International Stock Performance

OTCMKTS:HUNGF remained flat at $0.62 during trading hours on Friday. Huaneng Power International has a 12 month low of $0.50 and a 12 month high of $0.75. The firm has a fifty day moving average price of $0.59 and a 200 day moving average price of $0.55.

About Huaneng Power International

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.