China Shenhua Energy Co. (OTCMKTS:CSUAY) Short Interest Up 775.3% in June

China Shenhua Energy Co. (OTCMKTS:CSUAY) was the recipient of a large increase in short interest in 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 currently 1.0 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded China Shenhua Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

China Shenhua Energy Stock Down 0.5%

Shares of China Shenhua Energy stock traded down $0.11 during trading on Friday, reaching $20.57. 31,377 shares of the company traded hands, compared to its average volume of 23,752. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.93. China Shenhua Energy has a 1-year low of $15.22 and a 1-year high of $26.75. The company has a 50 day moving average price of $22.97 and a 200-day moving average price of $22.42. The firm has a market capitalization of $102.29 billion, a PE ratio of 13.81 and a beta of 0.18.

China Shenhua Energy (OTCMKTS:CSUAY) last posted its quarterly earnings results on Friday, April 24th. The company reported $0.34 EPS for the quarter. China Shenhua Energy had a net margin of 17.81% and a return on equity of 10.52%. The business had revenue of $10.16 billion during the quarter. As a group, equities research analysts expect that China Shenhua Energy will post 1.85 earnings per share 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.