Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) Sees Significant Increase in Short Interest

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,100 shares, an increase of 22.2% from the August 15th total of 900 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 0.5 days.

Yankuang Energy Group Price Performance

Shares of YZCAY opened at $13.31 on Friday. Yankuang Energy Group has a 1-year low of $9.18 and a 1-year high of $15.50. The firm has a 50-day simple moving average of $11.75 and a two-hundred day simple moving average of $11.00. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 0.53.

Yankuang Energy Group (OTCMKTS:YZCAY) last announced its quarterly earnings results on Friday, August 29th. The energy company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.36). The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $7.36 billion. On average, analysts anticipate that Yankuang Energy Group will post 2.58 EPS for the current year.

Yankuang Energy Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, November 3rd. Shareholders of record on Monday, September 15th will be given a dividend of $0.1772 per share. The ex-dividend date is Friday, September 12th. This represents a dividend yield of 913.0%.

About Yankuang Energy Group

Yankuang Energy Group Company Limited engages in the mining, preparation, and sale of coal in China and internationally. It offers thermal, PCI, and coking coal for electric power, metallurgy, chemical industry, etc.; manufactures, installs, and sells mining equipment and machinery; manufactures and sells coal mining and excavating equipment, cable, and rubber products; manufactures and sells methanol, acetic acid, ethyl acetate, caprolactam, naphtha, crude liquid wax, etc.; produces and sells chemicals and synthesis catalyst; explores for potash mineral; and sells coal mine machinery equipment and accessories, construction materials, petroleum products, and mineral products.