Short Interest in China Shenhua Energy Co. (OTCMKTS:CSUAY) Increases By 775.3%

China Shenhua Energy Co. (OTCMKTS:CSUAY) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 36,431 shares, an increase of 775.3% from the May 31st total of 4,162 shares. Based on an average trading volume of 36,644 shares, the short-interest ratio is presently 1.0 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of China Shenhua Energy to a “hold” rating in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

China Shenhua Energy Price Performance

OTCMKTS:CSUAY opened at $20.68 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. The business’s 50-day simple moving average is $23.02 and its two-hundred day simple moving average is $22.43. The stock has a market cap of $102.83 billion, a PE ratio of 13.88 and a beta of 0.18. China Shenhua Energy has a 52 week low of $15.22 and a 52 week high of $26.75.

China Shenhua Energy (OTCMKTS:CSUAY) last announced its quarterly earnings data on Friday, April 24th. The company reported $0.34 EPS for the quarter. The business had revenue of $10.16 billion for the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%. As a group, analysts forecast that China Shenhua Energy will post 1.85 EPS for the current fiscal year.

China Shenhua Energy Company Profile

China Shenhua Energy Company Limited is one of the largest coal producers and integrated energy companies in China. The firm’s core business centers on the exploration, production and sale of coal, with a primary focus on thermal coal used for power generation. Through its vertically integrated operations, China Shenhua manages the entire coal value chain, from mining and washing to transportation and marketing.

In addition to coal mining, the company operates a diversified portfolio of power generation assets, including coal-fired and wind power plants.