Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) Shares Shorted: Short Interest Up 72.9% in September

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 4,216 shares, an increase of 72.9% from the September 15th total of 2,438 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 4,105 shares, the short-interest ratio is presently 1.0 days.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of Yankuang Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Yankuang Energy Group Price Performance

OTCMKTS:YZCAY opened at $14.45 on Friday. The company has a 50 day simple moving average of $15.82 and a two-hundred day simple moving average of $16.64. Yankuang Energy Group has a fifty-two week low of $12.05 and a fifty-two week high of $21.63.

Yankuang Energy Group (OTCMKTS:YZCAY) last announced its quarterly earnings results on Monday, August 31st. The energy company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.37). The company had revenue of $10.45 billion for the quarter, compared to analyst estimates of $6.45 billion. As a group, equities research analysts anticipate that Yankuang Energy Group will post 2.50 earnings per share for the current year.

Yankuang Energy Group Company Profile

Yankuang Energy Group Co, Ltd. is a China-based energy and mining company formerly known as Yanzhou Coal Mining Co, Ltd. The company is principally engaged in the exploration, mining, processing and sale of coal, serving power generation, industrial and other energy-related customers.

In addition to its coal operations, Yankuang Energy has interests in coal-to-chemicals and other chemical products, electricity and heat generation, mining equipment manufacturing, and logistics and transportation services.