China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) Sees Significant Growth in Short Interest

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 10,800 shares, an increase of 54.3% from the May 31st total of 7,000 shares. Based on an average trading volume of 25,500 shares, the short-interest ratio is currently 0.4 days.

China Longyuan Power Group Trading Down 1.9 %

Shares of CLPXY traded down C$0.17 on Friday, reaching C$8.59. The company’s stock had a trading volume of 5,561 shares, compared to its average volume of 24,944. China Longyuan Power Group has a twelve month low of C$5.62 and a twelve month high of C$10.51. The firm has a fifty day moving average of C$8.62 and a 200-day moving average of C$7.47.

China Longyuan Power Group Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, August 21st. Investors of record on Thursday, June 13th will be given a dividend of $0.2441 per share. This is a boost from China Longyuan Power Group’s previous dividend of $0.13. The ex-dividend date is Thursday, June 13th.

China Longyuan Power Group Company Profile

China Longyuan Power Group Corporation Limited generates and sells wind and coal power in the People's Republic of China and internationally. It operates through two segments: Wind Power and Coal Power. The company designs, develops, constructs, manages, and operates wind and coal power plants. It also operates other power projects, such as photovoltaic, tidal, biomass, and geothermal.