China Shenhua Energy Company Limited (OTCMKTS:CSUAY) Sees Significant Drop in Short Interest

China Shenhua Energy Company Limited (OTCMKTS:CSUAY) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 4,900 shares, a decline of 18.3% from the October 31st total of 6,000 shares. Based on an average trading volume of 26,700 shares, the short-interest ratio is presently 0.2 days.

China Shenhua Energy Stock Performance

CSUAY traded down $0.08 during trading on Friday, hitting $16.56. The company’s stock had a trading volume of 3,797 shares, compared to its average volume of 10,321. The company has a current ratio of 2.20, a quick ratio of 2.08 and a debt-to-equity ratio of 0.06. The firm’s 50 day moving average price is $17.39 and its two-hundred day moving average price is $17.65. China Shenhua Energy has a 12 month low of $12.35 and a 12 month high of $20.96.

China Shenhua Energy (OTCMKTS:CSUAY) last issued its quarterly earnings results on Friday, October 25th. The company reported $0.50 earnings per share (EPS) for the quarter. China Shenhua Energy had a net margin of 18.20% and a return on equity of 12.61%. The business had revenue of $11.99 billion for the quarter. Sell-side analysts predict that China Shenhua Energy will post 1.74 EPS for the current fiscal 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.