Short Interest in Huaneng Power International, Inc. (OTCMKTS:HUNGF) Increases By 327.4%

Huaneng Power International, Inc. (OTCMKTS:HUNGF) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 37,344,000 shares, an increase of 327.4% from the April 15th total of 8,738,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Huaneng Power International Price Performance

Shares of Huaneng Power International stock remained flat at $0.85 during trading hours on Thursday. The stock had a trading volume of 684 shares, compared to its average volume of 7,089. Huaneng Power International has a 1 year low of $0.58 and a 1 year high of $0.85. The stock’s 50-day moving average is $0.76 and its two-hundred day moving average is $0.76.

Huaneng Power International Company Profile

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.