Short Interest in Dongfang Electric Co. Limited (OTCMKTS:DNGFF) Rises By 50.0%

Dongfang Electric Co. Limited (OTCMKTS:DNGFF) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 1,200 shares, an increase of 50.0% from the August 15th total of 800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Dongfang Electric Stock Performance

Shares of DNGFF remained flat at $1.10 during mid-day trading on Friday. The firm’s 50-day simple moving average is $1.22 and its two-hundred day simple moving average is $1.17. Dongfang Electric has a twelve month low of $0.81 and a twelve month high of $1.58.

Dongfang Electric Company Profile

Dongfang Electric Corporation Limited engages in the design, develop, manufacture, and sale of power generation equipment in China and internationally. It operates through five segments: Renewable Energy Equipment, Clean and Efficient Energy Equipment, Engineering and Trade, Modern Manufacturing Services Industry, and Emerging Growth Industry.