Huaneng Power International, Inc. (OTCMKTS:HUNGF) Short Interest Down 47.6% in July

Huaneng Power International, Inc. (OTCMKTS:HUNGF) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 26,498,266 shares, a decline of 47.6% from the June 30th total of 50,598,266 shares. Based on an average trading volume of 624 shares, the days-to-cover ratio is currently 42,465.2 days.

Huaneng Power International Stock Performance

Shares of HUNGF remained flat at $0.77 on Wednesday. Huaneng Power International has a 52 week low of $0.64 and a 52 week high of $0.95. The stock’s 50 day simple moving average is $0.88 and its 200-day simple moving average is $0.80.

About Huaneng Power International

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.