Short Interest in China Shenhua Energy Company Limited (OTCMKTS:CSUAY) Drops By 52.3%

China Shenhua Energy Company Limited (OTCMKTS:CSUAY – Get Rating) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 11,200 shares, a decrease of 52.3% from the March 31st total of 23,500 shares. Based on an average daily volume of 34,700 shares, the short-interest ratio is presently 0.3 days.

OTCMKTS CSUAY traded down $0.22 on Friday, reaching $12.80. The company had a trading volume of 20,638 shares, compared to its average volume of 18,660. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.13 and a current ratio of 2.27. The firm has a market capitalization of $63.65 billion, a price-to-earnings ratio of 7.66 and a beta of 0.26. The company’s fifty day moving average is $11.87 and its 200-day moving average is $10.30. China Shenhua Energy has a 1-year low of $7.43 and a 1-year high of $13.98.

A number of equities analysts recently weighed in on CSUAY shares. Zacks Investment Research lowered shares of China Shenhua Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 7th. The Goldman Sachs Group raised shares of China Shenhua Energy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 13th.

China Shenhua Energy Company Profile (Get Rating)

China Shenhua Energy Company Limited and its subsidiaries engage in the production and sales of coal and power; railway, port, and shipping transportation; and coal-to-olefins businesses in the People's Republic of China and internationally. It operates through six segments: Coal, Power, Railway, Port, Shipping, and Coal Chemical.

Further Reading