China Shenhua Energy Co. (OTCMKTS:CSUAY – Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 7,851 shares, an increase of 96.5% from the July 15th total of 3,996 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 36,479 shares, the short-interest ratio is currently 0.2 days.
Wall Street Analyst Weigh In
Separately, Zacks Research raised China Shenhua Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Strong Buy”.
View Our Latest Stock Report on China Shenhua Energy
China Shenhua Energy Stock Down 1.4%
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.
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