Short Interest in China Shenhua Energy Co. (OTCMKTS:CSUAY) Increases By 775.3%

China Shenhua Energy Co. (OTCMKTS:CSUAY) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 36,431 shares, an increase of 775.3% from the May 31st total of 4,162 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 36,644 shares, the days-to-cover ratio is presently 1.0 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of China Shenhua Energy to a “hold” rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce”.

China Shenhua Energy Trading Down 3.6%

Shares of CSUAY stock opened at $20.68 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.93. The company has a market cap of $102.83 billion, a price-to-earnings ratio of 13.88 and a beta of 0.18. China Shenhua Energy has a 1 year low of $15.22 and a 1 year high of $26.75. The firm has a fifty day moving average price of $23.02 and a 200-day moving average price of $22.43.

China Shenhua Energy (OTCMKTS:CSUAY) last announced its earnings results on Friday, April 24th. The company reported $0.34 EPS for the quarter. The company had revenue of $10.16 billion for the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%. As a group, equities analysts predict that China Shenhua Energy will post 1.85 earnings per share for the current year.

China Shenhua Energy Company Profile

China Shenhua Energy Company Limited is one of the largest coal producers and integrated energy companies in China. The firm’s core business centers on the exploration, production and sale of coal, with a primary focus on thermal coal used for power generation. Through its vertically integrated operations, China Shenhua manages the entire coal value chain, from mining and washing to transportation and marketing.

In addition to coal mining, the company operates a diversified portfolio of power generation assets, including coal-fired and wind power plants.