China Resources Power Holdings Company Limited Short Interest Update

China Resources Power Holdings Company Limited (OTCMKTS:CRPJY - Get Free Report) experienced a noteworthy increase in short interest in March 2023. As of March 15th, the total short interest reached 200 shares. This marks a significant rise of 100.0% compared to the 100 shares reported on February 28th. Currently, 0.0% of the company's shares have been sold short. Considering the average daily trading volume of 29,900 shares, the short-interest ratio stands at 0.0 days.

Wall Street Analyst Commentary

In addition, HSBC upgraded China Resources Power to a "buy" rating in a research report released on March 20th.

Stock Performance of China Resources Power

During trading on Friday, OTCMKTS:CRPJY maintained a steady price at $33.85. Over the past year, the stock has seen a low of $29.10 and a high of $44.98. The 50-day moving average is $33.17 while the 200-day moving average is $36.01.

About China Resources Power

(Get Free Report)

China Resources Power Holdings Company Limited is primarily an investment holding company that engages in the development, operation, and management of power plants and coal mines in the People's Republic of China. The company is divided into two segments: Thermal Power and Renewable Energy. It manages various energy projects, including coal- and gas-fired power plants, wind farms, photovoltaic power plants, and hydro-electric power plants among others.

China, Resources, Power