Short Interest in China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Rises By 105.3%

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,659 shares, a growth of 105.3% from the July 30th total of 1,295 shares. Based on an average daily volume of 2,647 shares, the short-interest ratio is currently 1.0 days.

China Longyuan Power Group Stock Performance

Shares of China Longyuan Power Group stock opened at C$6.90 on Friday. The company has a fifty day simple moving average of C$6.86 and a 200-day simple moving average of C$8.07. China Longyuan Power Group has a 12-month low of C$5.90 and a 12-month high of C$11.35.

China Longyuan Power Group Company Profile

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.