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

China Resources Power Holdings Company Limited (OTCMKTS:CRPJY - Get Free Report) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, an increase of 100.0% from the February 28th total of 100 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 29,900 shares, the days-to-cover ratio is currently 0.0 days.

China Resources Power Price Performance

Shares of OTCMKTS CRPJY remained flat at $33.85 during midday trading on Tuesday. The stock had a trading volume of 1 shares, compared to its average volume of 360. China Resources Power has a fifty-two week low of $29.10 and a fifty-two week high of $44.98. The business has a fifty day moving average of $33.20 and a two-hundred day moving average of $35.88.

Analysts Set New Price Targets

Separately, HSBC upgraded China Resources Power to a "buy" rating in a report on Thursday, March 20th.

About China Resources Power

China Resources Power Holdings Company Limited, an investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People's Republic of China. The company operates in two segments, Thermal Power and Renewable Energy. It operates and manages coal- and gas-fired power plants, wind farms, photovoltaic power plants, hydro-electric power plants, and other clean and renewable energy projects.