China Shenhua Energy Co. (OTCMKTS:CSUAY) Short Interest Up 26.8% in March

Key Points

• Short interest up 26.8% — short interest grew to 24,818 shares as of March 13 (from 19,575 on Feb 26), with a days-to-cover ratio of 0.9 based on average daily volume and a reported 0.0% of shares short sold.
• Shares traded at $24.40 midday (up $0.17) and sit near their 12-month high of $26.75, with a market capitalization of $121.33 billion and a trailing PE ratio of 16.49.
• China Shenhua is one of China’s largest coal producers and an integrated energy company, operating across coal mining, transport and marketing as well as coal-fired and wind power generation.

China Shenhua Energy Co. (OTCMKTS:CSUAY - Get Free Report) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 24,818 shares, a growth of 26.8% from the February 26th total of 19,575 shares. Based on an average daily trading volume, of 27,256 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are short sold.

China Shenhua Energy Price Performance

China Shenhua Energy stock traded up $0.17 during midday trading on Monday, hitting $24.40. The company's stock had a trading volume of 2,771 shares, compared to its average volume of 11,047. China Shenhua Energy has a 12 month low of $14.50 and a 12 month high of $26.75. The company has a quick ratio of 1.66, a current ratio of 1.80 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $121.33 billion, a PE ratio of 16.49 and a beta of 0.24. The stock's 50-day moving average price is $22.77 and its 200-day moving average price is $21.29.

About China Shenhua Energy

China Shenhua Energy Company Limited is one of the largest coal producers and integrated energy companies in China. The firm's core business centers on the exploration, production and sale of coal, with a primary focus on thermal coal used for power generation. Through its vertically integrated operations, China Shenhua manages the entire coal value chain, from mining and washing to transportation and marketing.

In addition to coal mining, the company operates a diversified portfolio of power generation assets, including coal-fired and wind power plants.

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