China Shenhua Energy Co. (OTCMKTS:CSUAY) Sees Large Decrease in Short Interest

China Shenhua Energy Co. (OTCMKTS:CSUAY) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 1,697 shares, a decrease of 82.7% from the December 31st total of 9,833 shares. Based on an average daily volume of 19,409 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 19,409 shares, the days-to-cover ratio is presently 0.1 days.

China Shenhua Energy Trading Down 1.2%

Shares of OTCMKTS CSUAY traded down $0.26 during midday trading on Tuesday, reaching $21.58. 4,014 shares of the company traded hands, compared to its average volume of 7,514. The stock has a 50-day moving average price of $20.52 and a 200 day moving average price of $19.79. China Shenhua Energy has a 52 week low of $14.50 and a 52 week high of $22.92. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.80 and a quick ratio of 1.66.

About China Shenhua Energy

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.