China Resources Power Holdings Company Limited (OTCMKTS:CRPJY) Sees Significant Increase in Short Interest

China Resources Power Holdings Company Limited (OTCMKTS:CRPJY) experienced a notable rise in short interest during March. As of March 15th, the total short interest reached 200 shares, which marks a significant increase of 100.0% from the previous month’s total of 100 shares recorded on February 28th. Currently, only 0.0% of the company's shares are sold short. Given the average daily trading volume of 29,900 shares, the short-interest ratio stands at 0.0 days.

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Wall Street Analyst Insights

In related news, HSBC upgraded the shares of China Resources Power to a "buy" rating in a research report released on March 20th.

Stock Performance Overview

During trading hours on Friday, the price of OTCMKTS CRPJY remained steady at $33.85. The stock has recorded a 52-week low of $29.10 and a high of $44.98. Additionally, China Resources Power has a 50-day moving average of $33.17 and a 200-day moving average of $36.01.

About China Resources Power

China Resources Power Holdings Company Limited is an investment holding company that invests in, develops, operates, and manages power plants and coal mines within the People's Republic of China. The company operates across two primary segments: Thermal Power and Renewable Energy. Its investments include managing coal- and gas-fired power plants, wind farms, photovoltaic power plants, hydroelectric facilities, and various other clean and renewable energy projects.

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