China Coal Energy Company Limited (OTCMKTS:CCOZF) Sees Significant Increase in Short Interest

China Coal Energy Company Limited (OTCMKTS:CCOZF) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 779,000 shares, an increase of 952.7% from the May 14th total of 74,000 shares. Based on an average daily volume of 31 shares, the days-to-cover ratio is presently 25,129.0 days.

China Coal Energy Stock Performance

China Coal Energy stock opened at $1.36 on Friday. China Coal Energy has a fifty-two week low of $1.07 and a fifty-two week high of $1.81. The business’s 50-day simple moving average is $1.62 and its two-hundred day simple moving average is $1.45.

China Coal Energy Company Profile

China Coal Energy Company Limited primarily engages in the coal production and trading and coal chemical businesses in the People's Republic of China and internationally. The company offers polyolefin, methanol, urea, and other coal chemical products. It is also involved in the coal mining equipment manufacturing, pithead power generation, and other activities. The company was founded in 2006 and is based in Beijing, the People's Republic of China. China Coal Energy Company Limited operates as a subsidiary of China National Coal Group Co, Ltd.