Huaneng Power International, Inc. (OTCMKTS:HUNGF) Sees Large Drop in Short Interest

Huaneng Power International, Inc. (OTCMKTS:HUNGF) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 5,417,400 shares, a decline of 5.1% from the December 15th total of 5,709,400 shares. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is currently 483.7 days.

Huaneng Power International Price Performance

OTCMKTS:HUNGF opened at $0.51 on Tuesday. The firm has a 50 day simple moving average of $0.53 and a 200-day simple moving average of $0.56. Huaneng Power International has a 1-year low of $0.49 and a 1-year high of $0.75.

About Huaneng Power International

Huaneng Power International, Inc, together with its subsidiaries, generates and sells electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It develops, constructs, operates, and manages power plants and related projects. The company generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources.