China Resources Power Holdings Company Limited (OTCMKTS:CRPJY – Get Rating) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 900 shares, an increase of 800.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 6,300 shares, the short-interest ratio is currently 0.1 days.
Separately, Zacks Investment Research upgraded China Resources Power from a “sell” rating to a “hold” rating in a research note on Tuesday.
OTCMKTS:CRPJY opened at $27.50 on Thursday. The stock has a 50-day simple moving average of $32.11 and a 200 day simple moving average of $38.88. China Resources Power has a one year low of $18.91 and a one year high of $48.15.
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 projects, hydro-electric projects, and other clean and renewable energy projects.
- Get a free copy of the StockNews.com research report on China Resources Power (CRPJY)
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