China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Shares Shorted: Short Interest Up 2,825.7% in September

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 6,027 shares, a growth of 2,825.7% from the August 31st total of 206 shares. Based on an average daily trading volume, of 6,655 shares, the short-interest ratio is presently 0.9 days.

China Longyuan Power Group Trading Up 5.5%

CLPXY opened at C$6.47 on Friday. The stock has a 50-day moving average of C$6.85 and a 200-day moving average of C$7.71. China Longyuan Power Group has a 52-week low of C$5.90 and a 52-week high of C$11.35.

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.