China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Sees Large Decline in Short Interest

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 3,035 shares, a decrease of 49.6% from the September 15th total of 6,027 shares. Based on an average trading volume of 5,635 shares, the short-interest ratio is currently 0.5 days.

China Longyuan Power Group Price Performance

CLPXY traded up C$0.20 during trading on Thursday, reaching C$6.58. The stock had a trading volume of 371 shares, compared to its average volume of 3,276. The stock’s 50 day moving average is C$6.68 and its two-hundred day moving average is C$7.34. China Longyuan Power Group has a one year low of C$5.90 and a one year high of C$11.35.

China Longyuan Power Group Company Profile

China Longyuan Power Group Corporation Limited is a renewable energy company focused primarily on the development, construction and operation of wind power projects. The company generates electricity through onshore and offshore wind farms and sells the power produced to regional electricity grids.

In addition to wind power, China Longyuan Power has expanded into other renewable energy activities, including solar power, biomass power and geothermal energy. Its operations include project development, engineering and construction management, power generation and related energy services.

Established in 1993, the company is headquartered in Beijing and operates primarily in China, with renewable energy projects serving electricity markets across multiple provinces and regions.