China Coal Energy Company Limited (OTCMKTS:CCOZF) Sees Significant Decrease in Short Interest

China Coal Energy Company Limited (OTCMKTS:CCOZF) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 74,000 shares, a decrease of 81.5% from the April 30th total of 399,000 shares. Based on an average daily trading volume, of 18 shares, the days-to-cover ratio is currently 4,111.1 days.

China Coal Energy Stock Performance

CCOZF remained flat at $1.36 during midday trading on Friday. The business has a fifty day moving average price of $1.68 and a 200-day moving average price of $1.45. China Coal Energy has a 52 week low of $1.07 and a 52 week high of $1.81.

China Coal Energy Company Profile

China Coal Energy Company Limited primarily engages in the coal production and trading and coal chemical businesses in the People's Republic of China and internationally. The company offers polyolefin, methanol, urea, and other coal chemical products. It is also involved in the coal mining equipment manufacturing, pithead power generation, and other activities. The company was founded in 2006 and is based in Beijing, the People's Republic of China. China Coal Energy Company Limited operates as a subsidiary of China National Coal Group Co, Ltd.