Huaneng Power International Inc ADR Class N (NYSE:HNP) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 11,700 shares, a drop of 26.4% from the January 15th total of 15,900 shares. Based on an average daily trading volume, of 13,800 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the company’s stock are sold short.

Several brokerages have recently commented on HNP. JPMorgan Chase & Co. downgraded Huaneng Power International Inc ADR Class N from an “overweight” rating to a “neutral” rating in a research note on Friday, November 29th. UBS Group upgraded Huaneng Power International Inc ADR Class N from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 21st. Finally, Zacks Investment Research downgraded Huaneng Power International Inc ADR Class N from a “hold” rating to a “sell” rating in a research note on Wednesday, December 25th.

Shares of HNP traded down $0.02 during trading hours on Friday, hitting $17.90. The stock had a trading volume of 10,100 shares, compared to its average volume of 21,503. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.43 and a quick ratio of 0.36. The firm has a 50 day simple moving average of $19.72 and a 200-day simple moving average of $20.31. The firm has a market capitalization of $6.84 billion, a P/E ratio of 16.42, a price-to-earnings-growth ratio of 0.69 and a beta of 0.62. Huaneng Power International Inc ADR Class N has a 1-year low of $17.66 and a 1-year high of $25.84.

Several institutional investors and hedge funds have recently modified their holdings of HNP. Bank of America Corp DE boosted its stake in Huaneng Power International Inc ADR Class N by 51.9% during the 4th quarter. Bank of America Corp DE now owns 7,560 shares of the utilities provider’s stock valued at $152,000 after purchasing an additional 2,582 shares during the last quarter. Atria Investments LLC bought a new position in shares of Huaneng Power International Inc ADR Class N during the 2nd quarter worth approximately $158,000. Quadrant Capital Group LLC lifted its position in shares of Huaneng Power International Inc ADR Class N by 251.9% during the 3rd quarter. Quadrant Capital Group LLC now owns 10,479 shares of the utilities provider’s stock worth $199,000 after buying an additional 7,501 shares in the last quarter. Millennium Management LLC bought a new position in shares of Huaneng Power International Inc ADR Class N during the 3rd quarter worth approximately $334,000. Finally, Northern Trust Corp lifted its position in shares of Huaneng Power International Inc ADR Class N by 182.6% during the 2nd quarter. Northern Trust Corp now owns 26,743 shares of the utilities provider’s stock worth $623,000 after buying an additional 17,280 shares in the last quarter. Institutional investors own 0.22% of the company’s stock.

Huaneng Power International Inc ADR Class N Company Profile

Huaneng Power International, Inc, through its subsidiaries, generates and sells electricity and heat to the regional or provincial grid companies in the People's Republic of China and Singapore. It is involved in the development, investment, construction, operation, and management of power plants and related projects; and generation, wholesale, and retail of power and other relating utilities.

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