China Coal Energy Company Limited (OTCMKTS:CCOZF) Sees Significant Growth in Short Interest

China Coal Energy Company Limited (OTCMKTS:CCOZF) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 779,000 shares, a growth of 952.7% from the May 14th total of 74,000 shares. Based on an average daily trading volume, of 31 shares, the short-interest ratio is presently 25,129.0 days.

China Coal Energy Price Performance

China Coal Energy stock opened at $1.36 on Wednesday. China Coal Energy has a 1-year low of $1.07 and a 1-year high of $1.81. The firm’s fifty day moving average price is $1.64 and its two-hundred day moving average price is $1.45.

About China Coal Energy

China Coal Energy Company Limited primarily engages in the coal production and trading and coal chemical businesses in the People's Republic of China and internationally. The company offers polyolefin, methanol, urea, and other coal chemical products. It is also involved in the coal mining equipment manufacturing, pithead power generation, and other activities. The company was founded in 2006 and is based in Beijing, the People's Republic of China. China Coal Energy Company Limited operates as a subsidiary of China National Coal Group Co, Ltd.