Huaneng Power International, Inc. (OTCMKTS:HUNGF – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 16,704,266 shares, a growth of 616.2% from the August 15th total of 2,332,266 shares. Based on an average daily volume of 573 shares, the days-to-cover ratio is currently 29,152.3 days.
Huaneng Power International Price Performance
HUNGF stock remained flat at $0.73 during midday trading on Friday. Huaneng Power International has a 52 week low of $0.69 and a 52 week high of $0.95. The stock’s fifty day moving average is $0.75 and its two-hundred day 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.
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