China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 3,035 shares, a drop of 49.6% from the September 15th total of 6,027 shares. Based on an average daily trading volume, of 5,635 shares, the short-interest ratio is currently 0.5 days.
China Longyuan Power Group Stock Performance
CLPXY stock opened at C$6.38 on Friday. The company has a fifty day moving average of C$6.66 and a 200-day moving average of C$7.31. China Longyuan Power Group has a one year low of C$5.90 and a one year high of C$11.35.
About China Longyuan Power Group
China Longyuan Power Group Corporation Limited is a renewable energy company headquartered in China and a subsidiary of China Energy Investment Corporation. The company develops, constructs, owns and operates power generation facilities, with wind power as its core business.
Its activities include onshore and offshore wind power generation, as well as solar power and other forms of renewable energy. The company also provides related project development, operation and maintenance services and sells the electricity generated by its facilities.
China Longyuan Power primarily serves the Chinese electricity market through projects across multiple provinces and regions.
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