Huaneng Power International, Inc. (OTCMKTS:HUNGF) Sees Significant Drop in Short Interest

Huaneng Power International, Inc. (OTCMKTS:HUNGF) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 5,668,000 shares, a decrease of 16.0% from the January 31st total of 6,744,000 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 5,668.0 days.

Huaneng Power International Stock Performance

Shares of OTCMKTS HUNGF remained flat at $0.50 during mid-day trading on Wednesday. Huaneng Power International has a 52-week low of $0.50 and a 52-week high of $0.75. The company has a 50-day simple moving average of $0.52 and a two-hundred day simple moving average of $0.54.

Huaneng Power International Company Profile

Huaneng Power International, Inc, together with its subsidiaries, generates and sells electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It develops, constructs, operates, and manages power plants and related projects. The company generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources.