Dongfang Electric Co. Limited (OTCMKTS:DNGFF) Short Interest Down 9.1% in June

Dongfang Electric Co. Limited (OTCMKTS:DNGFF) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 189,200 shares, a decrease of 9.1% from the May 31st total of 208,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 1,892.0 days.

Dongfang Electric Price Performance

Shares of DNGFF stock remained flat at $1.58 during trading hours on Tuesday. Dongfang Electric has a 52 week low of $0.81 and a 52 week high of $1.58. The stock has a 50-day simple moving average of $1.24 and a 200-day simple moving average of $1.02.

Dongfang Electric Company Profile

Dongfang Electric Corporation Limited engages in the design, develop, manufacture, and sale of power generation equipment in China and internationally. It operates through five segments: Renewable Energy Equipment, Clean and Efficient Energy Equipment, Engineering and Trade, Modern Manufacturing Services Industry, and Emerging Growth Industry.