Short Interest in Huaneng Power International, Inc. (OTCMKTS:HUNGF) Drops By 45.6%

Huaneng Power International, Inc. (OTCMKTS:HUNGF) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 612,000 shares, a decrease of 45.6% from the May 15th total of 1,124,000 shares. Based on an average trading volume of 8,100 shares, the short-interest ratio is currently 75.6 days.

Huaneng Power International Price Performance

Shares of HUNGF remained flat at $0.62 during trading hours on Friday. The stock’s 50 day simple moving average is $0.59 and its 200-day simple moving average is $0.55. Huaneng Power International has a twelve month low of $0.50 and a twelve month high of $0.75.

Huaneng Power International Company Profile

Huaneng Power International, Inc, together with its subsidiaries, generates and sells electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It develops, constructs, operates, and manages power plants and related projects. The company generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources.