Short Interest in China Shenhua Energy Co. (OTCMKTS:CSUAY) Decreases By 84.6%

China Shenhua Energy Co. (OTCMKTS:CSUAY) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,523 shares, a drop of 84.6% from the April 30th total of 22,863 shares. Based on an average daily volume of 40,028 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

China Shenhua Energy Price Performance

OTCMKTS CSUAY traded down $0.23 on Thursday, reaching $22.40. 171 shares of the company’s stock traded hands, compared to its average volume of 14,142. China Shenhua Energy has a 12 month low of $15.22 and a 12 month high of $26.75. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.93. The stock has a 50-day simple moving average of $23.65 and a 200 day simple moving average of $22.22. The stock has a market cap of $111.38 billion, a PE ratio of 15.03 and a beta of 0.21.

China Shenhua Energy (OTCMKTS:CSUAY) last announced its quarterly earnings data on Friday, April 24th. The company reported $0.34 earnings per share for the quarter. China Shenhua Energy had a net margin of 17.81% and a return on equity of 10.52%. The firm had revenue of $10.16 billion during the quarter. As a group, research analysts predict that China Shenhua Energy will post 1.79 earnings per share for the current year.

Analyst Ratings Changes

Separately, Zacks Research raised shares of China Shenhua Energy to a “hold” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

China Shenhua Energy Company Profile

China Shenhua Energy Company Limited is one of the largest coal producers and integrated energy companies in China. The firm’s core business centers on the exploration, production and sale of coal, with a primary focus on thermal coal used for power generation. Through its vertically integrated operations, China Shenhua manages the entire coal value chain, from mining and washing to transportation and marketing.

In addition to coal mining, the company operates a diversified portfolio of power generation assets, including coal-fired and wind power plants.