Short Interest in Dongfang Electric Co. Limited (OTCMKTS:DNGFF) Grows By 50.0%

Dongfang Electric Co. Limited (OTCMKTS:DNGFF) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,200 shares, a growth of 50.0% from the August 15th total of 800 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Dongfang Electric Stock Down 30.4 %

Shares of Dongfang Electric stock opened at $1.10 on Monday. The company has a 50-day simple moving average of $1.22 and a two-hundred day simple moving average of $1.17. Dongfang Electric has a 52-week low of $0.81 and a 52-week high of $1.58.

About Dongfang Electric

Dongfang Electric Corporation Limited engages in the design, develop, manufacture, and sale of power generation equipment in China and internationally. It operates through five segments: Renewable Energy Equipment, Clean and Efficient Energy Equipment, Engineering and Trade, Modern Manufacturing Services Industry, and Emerging Growth Industry.