Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) Sees Large Increase in Short Interest

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 4,216 shares, a growth of 72.9% from the September 15th total of 2,438 shares. Based on an average trading volume of 4,105 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Zacks Research downgraded Yankuang Energy Group from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, the company currently has an average rating of “Hold”.

Yankuang Energy Group Stock Down 2.3%

OTCMKTS:YZCAY opened at $14.12 on Friday. Yankuang Energy Group has a 52 week low of $12.05 and a 52 week high of $21.63. The firm’s 50-day simple moving average is $15.79 and its 200 day simple moving average is $16.63.

Yankuang Energy Group (OTCMKTS:YZCAY) last posted its quarterly earnings data on Monday, August 31st. The energy company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.37). The business had revenue of $10.45 billion for the quarter, compared to analysts’ expectations of $6.45 billion. Research analysts expect that Yankuang Energy Group will post 2.50 earnings per share for the current fiscal year.

Yankuang Energy Group Company Profile

Yankuang Energy Group Co, Ltd. is a China-based energy and mining company formerly known as Yanzhou Coal Mining Co, Ltd. The company is principally engaged in the exploration, mining, processing and sale of coal, serving power generation, industrial and other energy-related customers.

In addition to its coal operations, Yankuang Energy has interests in coal-to-chemicals and other chemical products, electricity and heat generation, mining equipment manufacturing, and logistics and transportation services.