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Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY) Sees Significant Decline in Short Interest

Shanghai Electric Group logo with Industrial Products background
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Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY - Get Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 100 shares, a decline of 94.4% from the January 15th total of 1,800 shares. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is currently 0.0 days.

Shanghai Electric Group Price Performance

OTCMKTS:SIELY remained flat at $6.81 on Friday. The company's stock had a trading volume of 14 shares, compared to its average volume of 3,251. Shanghai Electric Group has a 52 week low of $3.50 and a 52 week high of $10.35. The firm's 50-day simple moving average is $7.24 and its 200-day simple moving average is $5.86.

About Shanghai Electric Group

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Shanghai Electric Group Co, Ltd. provides industrial grade green intelligent system solutions in Mainland China and internationally. The company operates through three segments: Energy Equipment, Industrial Equipment, and Integration Services. The Energy Equipment segment designs, manufactures, and sells nuclear power, energy storage, wind power, coal-fired power generation and corollary, and gas-fired power generation equipment; and vessels for chemical industry, as well as provides power grid and industrial intelligent power supply system solutions.

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