China Shenhua Energy Co. (OTCMKTS:CSUAY) Short Interest Up 96.5% in July

China Shenhua Energy Co. (OTCMKTS:CSUAY) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 7,851 shares, an increase of 96.5% from the July 15th total of 3,996 shares. Based on an average daily volume of 36,479 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

China Shenhua Energy Stock Performance

CSUAY stock traded down $0.31 during mid-day trading on Friday, hitting $21.96. The company had a trading volume of 11,119 shares, compared to its average volume of 15,596. The firm has a market cap of $109.20 billion, a PE ratio of 14.74 and a beta of 0.20. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.93 and a current ratio of 0.99. China Shenhua Energy has a 12 month low of $17.67 and a 12 month high of $26.75. The stock’s fifty day moving average price is $21.75 and its two-hundred day moving average price is $22.71.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised China Shenhua Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

China Shenhua Energy Company Profile

China Shenhua Energy Company Limited is one of the largest coal producers and integrated energy companies in China. The firm’s core business centers on the exploration, production and sale of coal, with a primary focus on thermal coal used for power generation. Through its vertically integrated operations, China Shenhua manages the entire coal value chain, from mining and washing to transportation and marketing.

In addition to coal mining, the company operates a diversified portfolio of power generation assets, including coal-fired and wind power plants.