Huaneng Power International, Inc. (OTCMKTS:HUNGF) Short Interest Update

Huaneng Power International, Inc. (OTCMKTS:HUNGF) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 2,132,266 shares, a decline of 92.0% from the July 15th total of 26,498,266 shares. Based on an average trading volume of 722 shares, the days-to-cover ratio is presently 2,953.3 days.

Huaneng Power International Stock Performance

HUNGF remained flat at $0.75 during midday trading on Thursday. The company’s stock had a trading volume of 500 shares, compared to its average volume of 7,603. Huaneng Power International has a 12 month low of $0.69 and a 12 month high of $0.95. The business has a fifty day moving average of $0.85 and a 200 day moving average of $0.80.

About Huaneng Power International

Huaneng Power International, Inc is a China-based power generation company and a core subsidiary of China Huaneng Group. The company is primarily engaged in the generation and sale of electricity and related products through a diverse portfolio that includes coal-fired, natural gas, hydro, wind and solar power plants. It supplies electricity to regional grid companies and serves industrial, commercial and residential customers across multiple provinces in the People’s Republic of China.

Huaneng Power International operates a broad mix of conventional and renewable energy assets.