Huaneng Power International, Inc. (OTCMKTS:HUNGF) Sees Large Growth in Short Interest

Huaneng Power International, Inc. (OTCMKTS:HUNGFGet Free Report) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 16,704,266 shares, an increase of 616.2% from the August 15th total of 2,332,266 shares. Based on an average daily trading volume, of 573 shares, the short-interest ratio is presently 29,152.3 days.

Huaneng Power International Stock Performance

HUNGF opened at $0.73 on Friday. The stock has a 50-day moving average of $0.76 and a 200-day moving average of $0.80. Huaneng Power International has a 52-week low of $0.69 and a 52-week high of $0.95.

About Huaneng Power International

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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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