Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY) Short Interest Update

Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY) was the recipient of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 300 shares, a drop of 70.0% from the May 15th total of 1,000 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the shares of the company are sold short.

Shanghai Electric Group Price Performance

OTCMKTS:SIELY remained flat at $6.70 during mid-day trading on Friday. The company had a trading volume of 9 shares, compared to its average volume of 2,578. The company has a 50-day moving average of $6.44 and a 200 day moving average of $6.90. Shanghai Electric Group has a 12-month low of $3.70 and a 12-month high of $10.35.

Shanghai Electric Group Company Profile

Shanghai Electric Group Co, Ltd. provides industrial grade green intelligent system solutions in Mainland China and internationally. The company operates through three segments: Energy Equipment, Industrial Equipment, and Integration Services. The Energy Equipment segment designs, manufactures, and sells nuclear power, energy storage, wind power, coal-fired power generation and corollary, and gas-fired power generation equipment; and vessels for chemical industry, as well as provides power grid and industrial intelligent power supply system solutions.