Short Interest in China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Increases By 105.3%

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,659 shares, an increase of 105.3% from the July 30th total of 1,295 shares. Based on an average daily volume of 2,647 shares, the days-to-cover ratio is presently 1.0 days.

China Longyuan Power Group Price Performance

Shares of CLPXY opened at C$6.90 on Monday. The company’s 50-day moving average is C$6.86 and its 200-day moving average is C$8.07. China Longyuan Power Group has a fifty-two week low of C$5.90 and a fifty-two week high of C$11.35.

About China Longyuan Power Group

China Longyuan Power Group Co, Ltd. (OTCMKTS: CLPXY) is one of China’s leading renewable energy companies, specializing in the development, construction and operation of wind power projects. As a subsidiary of the state-owned China Energy Investment Corporation, the company focuses on harnessing wind resources to generate electricity and deliver clean energy solutions to China’s power grid. Through integrated project management, Longyuan Power oversees site selection, turbine procurement, installation and long-term maintenance of its wind farms.

The company’s core business activities include onshore wind farm development, engineering procurement and construction (EPC) contracting, asset management and ongoing operations and maintenance services.