China Power International Development Limited (OTCMKTS:CPWIF) Short Interest Update

China Power International Development Limited (OTCMKTS:CPWIF) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 9,549,368 shares, a growth of 57.4% from the May 14th total of 6,066,368 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

China Power International Development Stock Performance

OTCMKTS:CPWIF remained flat at C$0.44 during trading on Tuesday. The business’s fifty day moving average is C$0.44 and its two-hundred day moving average is C$0.44. China Power International Development has a 1-year low of C$0.44 and a 1-year high of C$0.44.

About China Power International Development

China Power International Development (OTCMKTS: CPWIF) is a Hong Kong–listed power generation company and a subsidiary of State Power Investment Corporation, one of China’s major state-owned energy enterprises. The company develops, constructs and operates a diversified portfolio of power assets, including coal-fired, hydroelectric, wind and solar facilities. Its core business involves generating and selling electricity and steam to regional grids and industrial customers across mainland China.

Since its establishment, China Power International Development has expanded its footprint into multiple provinces, with significant operations in Anhui, Jiangsu, Sichuan and Fujian.