Short Interest in Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) Decreases By 30.0%

Key Points

• Short interest in Yankuang Energy Group decreased by 30.0% in July, with only 700 shares sold short as of July 15th, down from 1,000 shares at the end of June.
• The company announced a dividend increase, issuing a $0.5958 dividend on July 21st, which equates to a yield of 19.66%, up from the previous dividend of $0.33.
• Yankuang Energy Group reported a quarterly earnings per share of $0.37 and generated $4.17 billion in revenue for the quarter ending April 27th.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 700 shares, a decrease of 30.0% from the June 30th total of 1,000 shares. Based on an average daily volume of 2,500 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Yankuang Energy Group Trading Up 0.2%

Shares of YZCAY stock opened at $11.62 on Wednesday. The stock has a fifty day moving average of $10.80 and a 200 day moving average of $10.58. Yankuang Energy Group has a 52 week low of $9.18 and a 52 week high of $15.50. The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 0.53.

Yankuang Energy Group (OTCMKTS:YZCAY - Get Free Report) last issued its quarterly earnings results on Sunday, April 27th. The energy company reported $0.37 earnings per share for the quarter. The company had revenue of $4.17 billion for the quarter. As a group, research analysts predict that Yankuang Energy Group will post 2.58 earnings per share for the current fiscal year.

Yankuang Energy Group Increases Dividend

The company also recently announced a dividend, which was paid on Monday, July 21st. Investors of record on Monday, June 9th were issued a $0.5958 dividend. The ex-dividend date of this dividend was Friday, June 6th. This represents a yield of 19.66%. This is an increase from Yankuang Energy Group's previous dividend of $0.33.

Yankuang Energy Group Company Profile

Yankuang Energy Group Company Limited engages in the mining, preparation, and sale of coal in China and internationally. It offers thermal, PCI, and coking coal for electric power, metallurgy, chemical industry, etc.; manufactures, installs, and sells mining equipment and machinery; manufactures and sells coal mining and excavating equipment, cable, and rubber products; manufactures and sells methanol, acetic acid, ethyl acetate, caprolactam, naphtha, crude liquid wax, etc.; produces and sells chemicals and synthesis catalyst; explores for potash mineral; and sells coal mine machinery equipment and accessories, construction materials, petroleum products, and mineral products.

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