China Shenhua Energy Company Limited (OTCMKTS:CSUAY) Sees Large Increase in Short Interest

Posted by on May 4th, 2023

China Shenhua Energy Company Limited (OTCMKTS:CSUAY – Get Rating) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 26,600 shares, a growth of 5.1% from the March 31st total of 25,300 shares. Based on an average daily volume of 36,200 shares, the short-interest ratio is currently 0.7 days.

China Shenhua Energy Stock Up 0.5 %

Shares of OTCMKTS CSUAY opened at $13.16 on Thursday. The firm’s 50-day moving average price is $12.61 and its 200-day moving average price is $12.09. The company has a current ratio of 2.40, a quick ratio of 2.27 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $65.44 billion, a price-to-earnings ratio of 5.88 and a beta of 0.17. China Shenhua Energy has a 12-month low of $10.45 and a 12-month high of $13.98.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut shares of China Shenhua Energy from an “overweight” rating to an “underweight” rating in a research report on Tuesday, March 28th.

China Shenhua Energy Company Profile

(Get Rating)

China Shenhua Energy Company Limited and its subsidiaries engage in the production and sales of coal and power; railway, port, and shipping transportation; and coal-to-olefins businesses in the People's Republic of China and internationally. It operates through six segments: Coal, Power, Railway, Port, Shipping, and Coal Chemical.

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