Short Interest in China Shenhua Energy Company Limited (OTCMKTS:CSUAY) Increases By 60.0%

China Shenhua Energy Company Limited (OTCMKTS:CSUAY) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 800 shares, an increase of 60.0% from the March 15th total of 500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 10,500 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of China Shenhua Energy to a “neutral” rating and set a $32.50 price target for the company in a report on Monday, March 24th.

China Shenhua Energy Price Performance

China Shenhua Energy stock traded up $0.01 during mid-day trading on Thursday, hitting $16.00. 18,339 shares of the company were exchanged, compared to its average volume of 19,813. The company has a market capitalization of $79.56 billion, a PE ratio of 9.09 and a beta of 0.10. China Shenhua Energy has a 1-year low of $14.61 and a 1-year high of $20.96. The company has a quick ratio of 2.08, a current ratio of 2.20 and a debt-to-equity ratio of 0.06. The business has a fifty day moving average of $15.83 and a 200 day moving average of $16.55.

China Shenhua Energy (OTCMKTS:CSUAY) last announced its earnings results on Friday, March 21st. The company reported $0.33 earnings per share for the quarter. China Shenhua Energy had a return on equity of 12.61% and a net margin of 18.20%. The company had revenue of $11.75 billion during the quarter. As a group, sell-side analysts expect that China Shenhua Energy will post 1.66 earnings per share for the current year.

About China Shenhua Energy

China Shenhua Energy Company Limited, together with its subsidiaries, engages in the production and sale of coal and power; railway, port, and shipping transportation; and coal-to-olefins businesses in the People's Republic of China and internationally. It operates through six segments: Coal, Power Generation, Railway, Port, Shipping, and Coal Chemical.