China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Shares Shorted: Short Interest Down 49.6% in September

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 3,035 shares, a decline of 49.6% from the September 15th total of 6,027 shares. Based on an average daily volume of 5,635 shares, the short-interest ratio is presently 0.5 days.

China Longyuan Power Group Trading Down 1.7%

Shares of OTCMKTS CLPXY opened at C$6.38 on Wednesday. China Longyuan Power Group has a 1 year low of C$5.90 and a 1 year high of C$11.35. The company’s 50-day moving average is C$6.70 and its 200 day moving average is C$7.36.

China Longyuan Power Group Company Profile

China Longyuan Power Group Corporation Limited is a renewable energy company focused primarily on the development, construction and operation of wind power projects. The company generates electricity through onshore and offshore wind farms and sells the power produced to regional electricity grids.

In addition to wind power, China Longyuan Power has expanded into other renewable energy activities, including solar power, biomass power and geothermal energy. Its operations include project development, engineering and construction management, power generation and related energy services.

Established in 1993, the company is headquartered in Beijing and operates primarily in China, with renewable energy projects serving electricity markets across multiple provinces and regions.