China Resources Power Holdings Company Limited (OTCMKTS:CRPJY) Sees Large Growth in Short Interest

China Resources Power Holdings Company Limited (OTCMKTS:CRPJY) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 200 shares, a growth of 100.0% from the February 28th total of 100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 29,900 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, HSBC raised China Resources Power to a “buy” rating in a report on Thursday, March 20th.

China Resources Power Stock Performance

Shares of OTCMKTS:CRPJY remained flat at $33.85 during midday trading on Friday. 74 shares of the company were exchanged, compared to its average volume of 360. The company’s 50 day moving average is $33.17 and its two-hundred day moving average is $35.97. China Resources Power has a 12-month low of $29.10 and a 12-month high of $44.98.

China Resources Power Company Profile

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.