China Shenhua Energy Company Limited (OTCMKTS:CSUAY) Sees Large Decline in Short Interest

China Shenhua Energy Company Limited (OTCMKTS:CSUAY) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 500 shares, a decrease of 94.3% from the September 30th total of 8,700 shares. Based on an average daily trading volume, of 22,600 shares, the days-to-cover ratio is currently 0.0 days.

China Shenhua Energy Price Performance

CSUAY stock traded down $0.36 during trading hours on Friday, hitting $17.06. 12,518 shares of the stock traded hands, compared to its average volume of 27,226. The stock has a 50-day simple moving average of $17.10 and a 200 day simple moving average of $17.61. The company has a market cap of $84.83 billion, a P/E ratio of 10.07 and a beta of 0.10. China Shenhua Energy has a one year low of $12.10 and a one year high of $20.96. The company has a current ratio of 2.35, a quick ratio of 2.20 and a debt-to-equity ratio of 0.06.

China Shenhua Energy (OTCMKTS:CSUAY) last announced its quarterly earnings data on Friday, August 30th. The company reported $0.42 earnings per share (EPS) for the quarter. The company had revenue of $11.11 billion for the quarter. China Shenhua Energy had a net margin of 17.72% and a return on equity of 12.37%. Equities analysts forecast that China Shenhua Energy will post 1.74 earnings per share for the current year.

About China Shenhua Energy

China Shenhua Energy Company Limited, together with its subsidiaries, engages in the production and sale 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 Generation, Railway, Port, Shipping, and Coal Chemical.