China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY – Get Free Report) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 2,659 shares, an increase of 105.3% from the July 30th total of 1,295 shares. Based on an average daily volume of 2,647 shares, the short-interest ratio is presently 1.0 days.
China Longyuan Power Group Stock Down 1.9%
Shares of OTCMKTS CLPXY traded down C$0.14 during midday trading on Friday, reaching C$6.90. The company’s stock had a trading volume of 226 shares, compared to its average volume of 5,510. China Longyuan Power Group has a fifty-two week low of C$5.90 and a fifty-two week high of C$11.35. The business’s 50 day moving average price is C$6.86 and its two-hundred day moving average price is C$8.07.
China Longyuan Power Group Company Profile
China Longyuan Power Group Co, Ltd. (OTCMKTS: CLPXY) is one of China’s leading renewable energy companies, specializing in the development, construction and operation of wind power projects. As a subsidiary of the state-owned China Energy Investment Corporation, the company focuses on harnessing wind resources to generate electricity and deliver clean energy solutions to China’s power grid. Through integrated project management, Longyuan Power oversees site selection, turbine procurement, installation and long-term maintenance of its wind farms.
The company’s core business activities include onshore wind farm development, engineering procurement and construction (EPC) contracting, asset management and ongoing operations and maintenance services.
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