China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Short Interest Up 303.3% in June

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 968 shares, a growth of 303.3% from the June 15th total of 240 shares. Based on an average trading volume of 16,261 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Zacks Research raised China Longyuan Power Group to a “hold” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

China Longyuan Power Group Stock Down 3.2%

Shares of OTCMKTS CLPXY traded down C$0.21 on Monday, hitting C$6.61. The company’s stock had a trading volume of 1,274 shares, compared to its average volume of 2,608. The stock has a 50 day moving average of C$7.58 and a 200-day moving average of C$8.47. China Longyuan Power Group has a 12-month low of C$5.90 and a 12-month high of C$11.35.

About China Longyuan Power Group

China Longyuan Power Group Co, Ltd. (OTCMKTS: CLPXY) is one of China’s leading renewable energy companies, specializing in the development, construction and operation of wind power projects. As a subsidiary of the state-owned China Energy Investment Corporation, the company focuses on harnessing wind resources to generate electricity and deliver clean energy solutions to China’s power grid. Through integrated project management, Longyuan Power oversees site selection, turbine procurement, installation and long-term maintenance of its wind farms.

The company’s core business activities include onshore wind farm development, engineering procurement and construction (EPC) contracting, asset management and ongoing operations and maintenance services.