Short Interest in China Coal Energy Company Limited (OTCMKTS:CCOZF) Increases By 71.7%

China Coal Energy Company Limited (OTCMKTS:CCOZF) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,337,253 shares, a growth of 71.7% from the May 31st total of 779,000 shares. Based on an average daily volume of 85,098 shares, the days-to-cover ratio is presently 15.7 days.

China Coal Energy Stock Performance

OTCMKTS:CCOZF opened at $1.43 on Friday. The business’s 50-day moving average is $1.52 and its 200 day moving average is $1.46. China Coal Energy has a 12 month low of $1.18 and a 12 month high of $1.81.

China Coal Energy Company Profile

China Coal Energy Company Limited primarily engages in the coal production and trading and coal chemical businesses in the People's Republic of China and internationally. The company offers polyolefin, methanol, urea, and other coal chemical products. It is also involved in the coal mining equipment manufacturing, pithead power generation, and other activities. The company was founded in 2006 and is based in Beijing, the People's Republic of China. China Coal Energy Company Limited operates as a subsidiary of China National Coal Group Co, Ltd.