China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Short Interest Update

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 968 shares, a growth of 303.3% from the June 15th total of 240 shares. Based on an average daily volume of 16,261 shares, the short-interest ratio is presently 0.1 days.

China Longyuan Power Group Stock Performance

CLPXY opened at C$6.55 on Tuesday. The business has a fifty day simple moving average of C$7.56 and a 200 day simple moving average of C$8.46. China Longyuan Power Group has a 1 year low of C$5.90 and a 1 year high of C$11.35.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of China Longyuan Power Group to a “hold” rating in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

About China Longyuan Power Group

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.