China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Short Interest Down 92.3% in August

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 206 shares, a decline of 92.3% from the August 15th total of 2,659 shares. Based on an average trading volume of 2,880 shares, the short-interest ratio is presently 0.1 days.

China Longyuan Power Group Stock Performance

China Longyuan Power Group stock opened at C$6.75 on Friday. The firm’s fifty day simple moving average is C$6.90 and its 200-day simple moving average is C$7.92. China Longyuan Power Group has a 1-year low of C$5.90 and a 1-year high of C$11.35.

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.