Short Interest in China Shenhua Energy Co. (OTCMKTS:CSUAY) Decreases By 84.6%

China Shenhua Energy Co. (OTCMKTS:CSUAY) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 3,523 shares, a decrease of 84.6% from the April 30th total of 22,863 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 40,028 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of China Shenhua Energy to a “hold” rating in a report on Friday, April 17th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, China Shenhua Energy presently has a consensus rating of “Reduce”.

China Shenhua Energy Stock Performance

Shares of OTCMKTS:CSUAY traded down $0.23 during midday trading on Thursday, reaching $22.40. 171 shares of the company traded hands, compared to its average volume of 14,142. The firm’s fifty day moving average price is $23.65 and its two-hundred day moving average price is $22.22. The firm has a market capitalization of $111.38 billion, a price-to-earnings ratio of 15.03 and a beta of 0.21. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. China Shenhua Energy has a 12 month low of $15.22 and a 12 month high of $26.75.

China Shenhua Energy (OTCMKTS:CSUAY) last issued its earnings results on Friday, April 24th. The company reported $0.34 EPS for the quarter. The business had revenue of $10.16 billion during the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%. On average, equities analysts expect that China Shenhua Energy will post 1.79 earnings per share for the current 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.