China Resources Power Holdings Company Limited (OTCMKTS:CRPJY - Get Free Report) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 100 shares, a drop of 50.0% from the April 30th total of 200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the shares of the stock are sold short.
China Resources Power Stock Performance
OTCMKTS:CRPJY remained flat at $34.42 during midday trading on Tuesday. 1 shares of the company traded hands, compared to its average volume of 16,366. China Resources Power has a one year low of $31.15 and a one year high of $44.98. The stock has a 50-day simple moving average of $34.12 and a two-hundred day simple moving average of $34.22.
Analyst Ratings Changes
Separately, HSBC raised shares of China Resources Power to a "buy" rating in a research note on Thursday, March 20th.
Read Our Latest Stock Analysis on CRPJY
About China Resources Power
(
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China Resources Power Holdings Company Limited, an investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People's Republic of China. The company operates in two segments, Thermal Power and Renewable Energy. It operates and manages coal- and gas-fired power plants, wind farms, photovoltaic power plants, hydro-electric power plants, and other clean and renewable energy projects.
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