China Power International Development Limited (OTCMKTS:CPWIF) Sees Large Drop in Short Interest

China Power International Development Limited (OTCMKTS:CPWIF) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 2,196,533 shares, a decrease of 51.9% from the September 30th total of 4,569,768 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

China Power International Development Stock Performance

CPWIF remained flat at C$0.35 during midday trading on Friday. The business’s fifty day moving average price is C$0.35 and its 200 day moving average price is C$0.41. China Power International Development has a 1 year low of C$0.35 and a 1 year high of C$0.44.

China Power International Development Company Profile

China Power International Development Limited is a China-based energy company engaged primarily in the development, construction, ownership and operation of power-generation facilities. The company’s portfolio includes thermal power, hydropower, wind power and solar power projects, along with other clean-energy and low-carbon businesses.

In addition to conventional electricity generation, China Power has expanded into integrated energy services and emerging energy businesses, including energy storage, distributed energy and related clean-energy solutions.