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

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY) saw a large 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 daily volume of 25,500 shares, the short-interest ratio is currently 0.4 days.

China Longyuan Power Group Price Performance

OTCMKTS:CLPXY traded up C$0.30 on Friday, reaching C$8.89. The stock had a trading volume of 4,854 shares, compared to its average volume of 24,781. The firm’s fifty day moving average is C$8.65 and its two-hundred day moving average is C$7.48. China Longyuan Power Group has a 12-month low of C$5.62 and a 12-month high of C$10.51.

China Longyuan Power Group Increases Dividend

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

About China Longyuan Power Group

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.