Short Interest in Huaneng Power International, Inc. (OTCMKTS:HUNGF) Drops By 47.6%

Huaneng Power International, Inc. (OTCMKTS:HUNGFGet Free Report) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 26,498,266 shares, a decline of 47.6% from the June 30th total of 50,598,266 shares. Based on an average daily volume of 624 shares, the days-to-cover ratio is presently 42,465.2 days.

Huaneng Power International Stock Performance

Shares of OTCMKTS HUNGF opened at $0.77 on Thursday. The company’s 50 day simple moving average is $0.88 and its 200 day simple moving average is $0.80. Huaneng Power International has a fifty-two week low of $0.64 and a fifty-two week high of $0.95.

About Huaneng Power International

(Get Free Report)

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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