China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Sees Large Drop in Short Interest

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 61,400 shares, a decrease of 7.8% from the March 31st total of 66,600 shares. Based on an average trading volume of 38,800 shares, the days-to-cover ratio is presently 1.6 days.

China Longyuan Power Group Price Performance

Shares of CLPXY traded down C$0.13 during mid-day trading on Tuesday, hitting C$7.15. The company had a trading volume of 34,775 shares, compared to its average volume of 31,159. China Longyuan Power Group has a 1-year low of C$5.62 and a 1-year high of C$11.71. The business’s 50-day simple moving average is C$7.14 and its 200-day simple moving average is C$7.21.

About China Longyuan Power Group

China Longyuan Power Group Corporation Limited generates and sells wind and coal power in the People's Republic of China and internationally. It operates through two segments: Wind Power and Coal Power. The company designs, develops, constructs, manages, and operates wind and coal power plants. It also operates other power projects, such as photovoltaic, tidal, biomass, and geothermal.