China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY – Get Free Report) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 206 shares, a decrease of 92.3% from the August 15th total of 2,659 shares. Based on an average daily volume of 2,880 shares, the short-interest ratio is currently 0.1 days.
China Longyuan Power Group Trading Up 2.4%
CLPXY traded up C$0.16 during mid-day trading on Thursday, hitting C$6.79. The stock had a trading volume of 2,831 shares, compared to its average volume of 3,450. The stock’s fifty day simple moving average is C$6.87 and its 200-day simple moving average is C$7.94. China Longyuan Power Group has a 1-year low of C$5.90 and a 1-year high of C$11.35.
China Longyuan Power Group Company Profile
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.
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