Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) Short Interest Update

Key Points

• Yankuang Energy Group experienced a 36.4% decline in short interest in September, with total short interest dropping to 700 shares from 1,100 shares in August.
• The company reported earnings of $0.28 per share, below the consensus estimate of $0.64, and had a revenue of $3.27 billion compared to an expected $7.36 billion.
• Yankuang Energy Group's dividend yield is an astonishing 913.0%, with a recent announcement of a dividend payout of $0.1772 per share.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 700 shares, a decline of 36.4% from the August 31st total of 1,100 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 2,800 shares, the short-interest ratio is presently 0.3 days.

Yankuang Energy Group Price Performance

Shares of YZCAY stock opened at $13.51 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 0.53. The stock has a 50 day moving average of $12.15 and a 200-day moving average of $11.16. Yankuang Energy Group has a 12 month low of $9.18 and a 12 month high of $15.50.

Yankuang Energy Group (OTCMKTS:YZCAY - Get Free Report) last released its earnings results on Friday, August 29th. The energy company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.36). The firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $7.36 billion. Research analysts predict that Yankuang Energy Group will post 2.58 EPS for the current year.

Yankuang Energy Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, November 3rd. Shareholders of record on Monday, September 15th will be given a dividend of $0.1772 per share. The ex-dividend date is Friday, September 12th. This represents a dividend yield of 913.0%.

Analysts Set New Price Targets

Separately, Zacks Research cut Yankuang Energy Group from a "hold" rating to a "strong sell" rating in a research note on Friday, September 26th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of "Sell".

About Yankuang Energy Group

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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