Dongfang Electric Co. Limited (OTCMKTS:DNGFF – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 54,617 shares, a growth of 358.2% from the October 15th total of 11,921 shares. Based on an average daily trading volume, of 964 shares, the short-interest ratio is presently 56.7 days.
Dongfang Electric Price Performance
Shares of DNGFF stock opened at $1.95 on Wednesday. Dongfang Electric has a fifty-two week low of $1.95 and a fifty-two week high of $5.75. The firm’s 50 day moving average price is $2.29 and its two-hundred day moving average price is $3.51.
Dongfang Electric Company Profile
Dongfang Electric Corporation is a China-based manufacturer of power-generation equipment and a provider of related engineering services. Its products and capabilities serve conventional and renewable energy projects, including thermal, hydropower, nuclear, wind and solar power. The company also provides equipment installation, project engineering and technical services for power plants and other energy infrastructure. Its predecessor was established in 1958, and the company is headquartered in Chengdu, Sichuan Province.
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