Huaneng Power International, Inc. (OTCMKTS:HUNGF – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 16,704,266 shares, an increase of 616.2% from the August 15th total of 2,332,266 shares. Based on an average daily trading volume, of 573 shares, the days-to-cover ratio is presently 29,152.3 days.
Huaneng Power International Price Performance
Shares of Huaneng Power International stock opened at $0.73 on Friday. The firm has a fifty day moving average price of $0.76 and a two-hundred day moving average price of $0.80. Huaneng Power International has a fifty-two week low of $0.69 and a fifty-two week high of $0.95.
Huaneng Power International Company Profile
Huaneng Power International, Inc is a China-based power generation company and a core subsidiary of China Huaneng Group. The company is primarily engaged in the generation and sale of electricity and related products through a diverse portfolio that includes coal-fired, natural gas, hydro, wind and solar power plants. It supplies electricity to regional grid companies and serves industrial, commercial and residential customers across multiple provinces in the People’s Republic of China.
Huaneng Power International operates a broad mix of conventional and renewable energy assets.
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