Huaneng Power International, Inc. (OTCMKTS:HUNGF – Free Report) saw a sharp decline in short interest in July. As of July 31, there was short interest totaling 6,489,400 shares, a 10.0% decrease from the total of 7,213,400 shares on July 15. Based on an average daily trading volume of 2,900 shares, the short interest ratio is currently 2,237.7 days.
Price development of Huaneng Power International
Huaneng Power International stock opened at $0.57 on Friday. The company’s 50-day moving average price is $0.66 and its 200-day moving average price is $0.62. Huaneng Power International has a 1-year low of $0.41 and a 1-year high of $0.75.
About Huaneng Power International
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Huaneng Power International, Inc., together with its subsidiaries, generates and sells electricity to regional or provincial grid operators in the People’s Republic of China and internationally. The company develops, builds, operates and manages power plants and related projects. The company generates electricity from gas turbines, hydropower, wind, photovoltaics, coal and biomass.
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