China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Stock Short Interest Declines 59.7%

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,224 shares, a decrease of 59.7% from the September 30th total of 3,035 shares. Based on an average daily volume of 3,336 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

China Longyuan Power Group Stock Performance

Shares of CLPXY stock remained flat at C$6.35 during trading on Friday. The company had a trading volume of 837 shares, compared to its average volume of 2,776. China Longyuan Power Group has a fifty-two week low of C$5.90 and a fifty-two week high of C$11.35. The stock’s 50 day simple moving average is C$6.51 and its 200-day simple moving average is C$7.79.

China Longyuan Power Group Company Profile

China Longyuan Power Group Corporation Limited is a renewable energy company headquartered in China and a subsidiary of China Energy Investment Corporation. The company develops, constructs, owns and operates power generation facilities, with wind power as its core business.

Its activities include onshore and offshore wind power generation, as well as solar power and other forms of renewable energy. The company also provides related project development, operation and maintenance services and sells the electricity generated by its facilities.

China Longyuan Power primarily serves the Chinese electricity market through projects across multiple provinces and regions.