China Coal Energy Co. (OTCMKTS:CCOZY) Short Interest Down 42.2% in May

China Coal Energy Co. (OTCMKTS:CCOZY) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 107 shares, a decrease of 42.2% from the May 14th total of 185 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 45 shares, the days-to-cover ratio is currently 2.4 days.

China Coal Energy Price Performance

Shares of China Coal Energy stock opened at $33.12 on Friday. The firm has a fifty day moving average of $33.54 and a two-hundred day moving average of $30.76. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.00 and a current ratio of 1.07. The company has a market cap of $21.96 billion, a P/E ratio of 8.32 and a beta of -0.33. China Coal Energy has a one year low of $22.14 and a one year high of $34.00.

About China Coal Energy

China Coal Energy Co, Ltd. is a major coal producer and integrated energy company in the People’s Republic of China. It operates as the publicly traded arm of the state-owned China National Coal Group and has securities available on mainland and Hong Kong exchanges, with a U.S. over-the-counter quotation under the symbol CCOZY. The company’s business model centers on upstream production and downstream processing of coal and related energy products.

The company’s core activities include coal mining, washing and processing, and the sale and distribution of thermal and coking coal to industrial and utility customers.