China Shenhua Energy Co. (OTCMKTS:CSUAY) Sees Large Growth in Short Interest

China Shenhua Energy Co. (OTCMKTS:CSUAY) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 24,818 shares, an increase of 26.8% from the February 26th total of 19,575 shares. Based on an average daily volume of 27,256 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the company’s stock are sold short.

China Shenhua Energy Price Performance

CSUAY stock opened at $23.82 on Wednesday. The stock’s 50 day moving average is $22.92 and its two-hundred day moving average is $21.36. China Shenhua Energy has a 52-week low of $14.50 and a 52-week high of $26.75. The company has a market capitalization of $118.44 billion, a PE ratio of 15.67 and a beta of 0.24. The company has a quick ratio of 1.66, a current ratio of 1.80 and a debt-to-equity ratio of 0.06.

China Shenhua Energy (OTCMKTS:CSUAY) last released its earnings results on Monday, March 30th. The company reported $0.37 EPS for the quarter. China Shenhua Energy had a return on equity of 11.05% and a net margin of 18.37%.The company had revenue of $11.53 billion during the quarter. Analysts predict that China Shenhua Energy will post 1.66 earnings per share for the current fiscal year.

China Shenhua Energy Company Profile

China Shenhua Energy Company Limited is one of the largest coal producers and integrated energy companies in China. The firm’s core business centers on the exploration, production and sale of coal, with a primary focus on thermal coal used for power generation. Through its vertically integrated operations, China Shenhua manages the entire coal value chain, from mining and washing to transportation and marketing.

In addition to coal mining, the company operates a diversified portfolio of power generation assets, including coal-fired and wind power plants.