CIMC Enric Holdings Limited (OTCMKTS:CIMEF) Sees Large Decline in Short Interest

CIMC Enric Holdings Limited (OTCMKTS:CIMEF) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 316,500 shares, a decline of 79.4% from the May 31st total of 1,538,000 shares. Based on an average daily volume of 91 shares, the short-interest ratio is presently 3,478.0 days.

CIMC Enric Stock Performance

Shares of OTCMKTS:CIMEF opened at $0.93 on Friday. The business has a 50 day moving average price of $1.23 and a 200 day moving average price of $1.05. CIMC Enric has a twelve month low of $0.93 and a twelve month high of $1.51.

About CIMC Enric

CIMC Enric Holdings Limited provides transportation, storage, and processing equipment for the clean energy, chemicals, environmental, and liquid food industries worldwide. Its Clean Energy segment manufactures and operates equipment for the storage, transportation, processing, and distribution of compressed natural gas and hydrogen trailers, seamless pressure cylinders, LPG trailers and storage tanks, liquefied petroleum gas tanks and trailers, natural gas and hydrogen refuelling station systems, and natural gas compressors; and offers engineering, procurement, and construction services for the natural gas and hydrogen industry, as well as internet of things intelligent operation and management platform under the Anjiehui brand.