Huaneng Power International, Inc. (OTCMKTS:HUNGF) Short Interest Up 1,130.8% in March

Huaneng Power International, Inc. (OTCMKTS:HUNGF) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 5,440,000 shares, an increase of 1,130.8% from the March 15th total of 442,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 54,400.0 days.

Huaneng Power International Stock Performance

Shares of OTCMKTS:HUNGF traded up $0.05 during midday trading on Monday, reaching $0.57. The company’s stock had a trading volume of 1,600 shares, compared to its average volume of 14,209. The business’s fifty day simple moving average is $0.52 and its 200-day simple moving average is $0.53. Huaneng Power International has a fifty-two week low of $0.50 and a fifty-two week high of $0.75.

Huaneng Power International Company Profile

Huaneng Power International, Inc, together with its subsidiaries, generates and sells electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It develops, constructs, operates, and manages power plants and related projects. The company generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources.