Yankuang Energy Group Company Limited (OTCMKTS:YZCAY – Get Rating) was the recipient of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 17,200 shares, a decrease of 16.5% from the May 15th total of 20,600 shares. Based on an average daily volume of 7,800 shares, the days-to-cover ratio is currently 2.2 days.
Separately, JPMorgan Chase & Co. upgraded Yankuang Energy Group from an “underweight” rating to a “neutral” rating in a research report on Wednesday, March 9th.
OTCMKTS YZCAY opened at $31.83 on Friday. The business’s fifty day moving average is $30.71 and its 200 day moving average is $26.03. Yankuang Energy Group has a fifty-two week low of $12.21 and a fifty-two week high of $36.92.
Yankuang Energy Group Company Limited engages in the mining, preparation, and sale of coal worldwide. It offers thermal, PCI, and coking coal for electric power, metallurgy and chemical industry, etc.; produces and sells coal chemicals, as well as electricity and related heat supply services; explores for potash mineral; manufactures, installs, repairs, and sells coal mining and excavating equipment, cable, and electrical equipment; and sells construction materials and petroleum products.
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