Huaneng Power International, Inc. (OTCMKTS:HUNGF) Short Interest Down 92.0% in July

Huaneng Power International, Inc. (OTCMKTS:HUNGF) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 2,132,266 shares, a decrease of 92.0% from the July 15th total of 26,498,266 shares. Based on an average daily volume of 722 shares, the short-interest ratio is presently 2,953.3 days.

Huaneng Power International Stock Performance

Shares of HUNGF stock remained flat at $0.72 during mid-day trading on Tuesday. Huaneng Power International has a twelve month low of $0.69 and a twelve month high of $0.95. The business’s 50-day moving average price is $0.86 and its 200-day moving average price is $0.80.

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.