China Power International Development Limited (OTCMKTS:CPWIF – Get Free Report) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,196,533 shares, a drop of 51.9% from the September 30th total of 4,569,768 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
China Power International Development Price Performance
Shares of China Power International Development stock opened at C$0.35 on Friday. The business has a fifty day simple moving average of C$0.35 and a 200 day simple moving average of C$0.41. China Power International Development has a 12 month low of C$0.35 and a 12 month high of C$0.44.
About China Power International Development
China Power International Development Limited is a China-based energy company engaged primarily in the development, construction, ownership and operation of power-generation facilities. The company’s portfolio includes thermal power, hydropower, wind power and solar power projects, along with other clean-energy and low-carbon businesses.
In addition to conventional electricity generation, China Power has expanded into integrated energy services and emerging energy businesses, including energy storage, distributed energy and related clean-energy solutions.
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