Huaneng Power International, Inc. (OTCMKTS:HUNGF) Sees Significant Decrease in Short Interest

Huaneng Power International, Inc. (OTCMKTS:HUNGF) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 5,417,400 shares, a decline of 5.1% from the December 31st total of 5,709,400 shares. Based on an average daily trading volume, of 11,200 shares, the days-to-cover ratio is currently 483.7 days.

Huaneng Power International Price Performance

Shares of OTCMKTS HUNGF opened at $0.51 on Tuesday. The company’s 50-day moving average price is $0.53 and its 200 day moving average price is $0.55. Huaneng Power International has a 52 week low of $0.49 and a 52 week high of $0.75.

Huaneng Power International Company Profile

Huaneng Power International, Inc, together with its subsidiaries, generates and sells electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It develops, constructs, operates, and manages power plants and related projects. The company generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources.