Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY - Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 1,000 shares, a growth of 900.0% from the April 30th total of 100 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is presently 0.6 days.
Shanghai Electric Group Price Performance
OTCMKTS:SIELY remained flat at $7.20 during mid-day trading on Friday. 35 shares of the company were exchanged, compared to its average volume of 2,686. The business has a 50 day simple moving average of $6.40 and a 200-day simple moving average of $6.95. Shanghai Electric Group has a fifty-two week low of $3.70 and a fifty-two week high of $10.35.
Shanghai Electric Group Company Profile
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Shanghai Electric Group Co, Ltd. provides industrial grade green intelligent system solutions in Mainland China and internationally. The company operates through three segments: Energy Equipment, Industrial Equipment, and Integration Services. The Energy Equipment segment designs, manufactures, and sells nuclear power, energy storage, wind power, coal-fired power generation and corollary, and gas-fired power generation equipment; and vessels for chemical industry, as well as provides power grid and industrial intelligent power supply system solutions.
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