China Shenhua Energy Co. (OTCMKTS:CSUAY) Short Interest Up 126.3% in September

Key Points

• China Shenhua Energy Co. experienced a 126.3% increase in short interest in September, rising to 4,300 shares from 1,900 shares at the end of August.
• UBS Group downgraded the stock from a "hold" to a "strong sell" rating, contributing to a current consensus rating of "Reduce" with a target price of $32.50.
• The company's quarterly earnings report showed an EPS of $0.37 and revenue of $9.48 billion, with analysts forecasting a 1.66 EPS for the current year.

China Shenhua Energy Co. (OTCMKTS:CSUAY - Get Free Report) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 4,300 shares, a growth of 126.3% from the August 31st total of 1,900 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, UBS Group downgraded shares of China Shenhua Energy from a "hold" rating to a "strong sell" rating in a report on Wednesday, July 16th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, China Shenhua Energy currently has a consensus rating of "Reduce" and a consensus target price of $32.50.

China Shenhua Energy Stock Performance

Shares of OTCMKTS:CSUAY traded down $0.46 on Friday, hitting $19.54. The company had a trading volume of 4,717 shares, compared to its average volume of 6,285. China Shenhua Energy has a 1-year low of $14.50 and a 1-year high of $20.32. The stock has a market cap of $97.16 billion, a price-to-earnings ratio of 12.45 and a beta of 0.26. The stock has a 50 day moving average price of $18.75 and a 200 day moving average price of $17.19. The company has a current ratio of 2.17, a quick ratio of 2.04 and a debt-to-equity ratio of 0.06.

China Shenhua Energy (OTCMKTS:CSUAY - Get Free Report) last released its quarterly earnings data on Friday, August 29th. The company reported $0.37 EPS for the quarter. China Shenhua Energy had a net margin of 18.27% and a return on equity of 11.13%. The firm had revenue of $9.48 billion for the quarter. Analysts expect that China Shenhua Energy will post 1.66 EPS for the current year.

About China Shenhua Energy

China Shenhua Energy Company Limited, together with its subsidiaries, engages in the production and sale of coal and power; railway, port, and shipping transportation; and coal-to-olefins businesses in the People's Republic of China and internationally. It operates through six segments: Coal, Power Generation, Railway, Port, Shipping, and Coal Chemical.

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