China Shenhua Energy Company Limited (OTCMKTS:CSUAY) Sees Significant Drop in Short Interest

China Shenhua Energy Company Limited (OTCMKTS:CSUAY) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 4,900 shares, a drop of 18.3% from the October 31st total of 6,000 shares. Based on an average trading volume of 26,700 shares, the days-to-cover ratio is currently 0.2 days.

China Shenhua Energy Price Performance

CSUAY opened at $16.56 on Friday. China Shenhua Energy has a 12 month low of $12.35 and a 12 month high of $20.96. The stock has a fifty day moving average price of $17.39 and a 200-day moving average price of $17.65. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.20 and a quick ratio of 2.08.

China Shenhua Energy (OTCMKTS:CSUAY) last released its quarterly earnings results on Friday, October 25th. The company reported $0.50 EPS for the quarter. China Shenhua Energy had a net margin of 18.20% and a return on equity of 12.61%. The business had revenue of $11.99 billion during the quarter. As a group, equities research analysts expect that China Shenhua Energy will post 1.74 earnings per share for the current year.

China Shenhua Energy Company Profile

China Shenhua Energy Company Limited, together with its subsidiaries, engages in the production and sale of coal and power; railway, port, and shipping transportation; and coal-to-olefins businesses in the People's Republic of China and internationally. It operates through six segments: Coal, Power Generation, Railway, Port, Shipping, and Coal Chemical.