China Shenhua Energy Co. (OTCMKTS:CSUAY) Sees Large Increase in Short Interest

China Shenhua Energy Co. (OTCMKTS:CSUAY) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 7,851 shares, a growth of 96.5% from the July 15th total of 3,996 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 36,479 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded China Shenhua Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company has an average rating of “Strong Buy”.

China Shenhua Energy Stock Performance

Shares of CSUAY stock opened at $21.96 on Monday. China Shenhua Energy has a 1-year low of $17.67 and a 1-year high of $26.75. The firm has a market cap of $109.20 billion, a PE ratio of 14.74 and a beta of 0.20. The company has a 50-day moving average of $21.75 and a two-hundred day moving average of $22.72. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.93.

China Shenhua Energy Company Profile

China Shenhua Energy Company Limited is one of the largest coal producers and integrated energy companies in China. The firm’s core business centers on the exploration, production and sale of coal, with a primary focus on thermal coal used for power generation. Through its vertically integrated operations, China Shenhua manages the entire coal value chain, from mining and washing to transportation and marketing.

In addition to coal mining, the company operates a diversified portfolio of power generation assets, including coal-fired and wind power plants.