China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Short Interest Update

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 240 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average trading volume of 1,973 shares, the short-interest ratio is currently 0.1 days.

China Longyuan Power Group Stock Down 6.9%

OTCMKTS:CLPXY opened at C$5.94 on Friday. The business’s 50 day moving average is C$7.75 and its two-hundred day moving average is C$8.56. China Longyuan Power Group has a 52 week low of C$5.90 and a 52 week high of C$11.35.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of China Longyuan Power Group to a “hold” rating in a research note on Wednesday, April 15th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, China Longyuan Power Group currently has a consensus rating of “Hold”.

About China Longyuan Power Group

China Longyuan Power Group Co, Ltd. (OTCMKTS: CLPXY) is one of China’s leading renewable energy companies, specializing in the development, construction and operation of wind power projects. As a subsidiary of the state-owned China Energy Investment Corporation, the company focuses on harnessing wind resources to generate electricity and deliver clean energy solutions to China’s power grid. Through integrated project management, Longyuan Power oversees site selection, turbine procurement, installation and long-term maintenance of its wind farms.

The company’s core business activities include onshore wind farm development, engineering procurement and construction (EPC) contracting, asset management and ongoing operations and maintenance services.