Huaneng Power International, Inc. (OTCMKTS:HUNGF) Sees Large Decline in Short Interest

Huaneng Power International, Inc. (OTCMKTS:HUNGFGet Free Report) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 2,132,266 shares, a decline of 92.0% from the July 15th total of 26,498,266 shares. Based on an average daily volume of 722 shares, the short-interest ratio is currently 2,953.3 days.

Huaneng Power International Price Performance

Shares of HUNGF stock opened at $0.72 on Wednesday. Huaneng Power International has a fifty-two week low of $0.69 and a fifty-two week high of $0.95. The stock’s fifty day moving average price is $0.85 and its two-hundred day moving average price is $0.80.

About Huaneng Power International

(Get Free Report)

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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