Short Interest in China Power International Development Limited (OTCMKTS:CPWIF) Expands By 57.4%

China Power International Development Limited (OTCMKTS:CPWIF) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 9,549,368 shares, a growth of 57.4% from the May 14th total of 6,066,368 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

China Power International Development Stock Performance

OTCMKTS CPWIF opened at C$0.44 on Wednesday. China Power International Development has a 1 year low of C$0.44 and a 1 year high of C$0.44. The company has a fifty day moving average of C$0.44 and a two-hundred day moving average of C$0.44.

China Power International Development Company Profile

China Power International Development (OTCMKTS: CPWIF) is a Hong Kong–listed power generation company and a subsidiary of State Power Investment Corporation, one of China’s major state-owned energy enterprises. The company develops, constructs and operates a diversified portfolio of power assets, including coal-fired, hydroelectric, wind and solar facilities. Its core business involves generating and selling electricity and steam to regional grids and industrial customers across mainland China.

Since its establishment, China Power International Development has expanded its footprint into multiple provinces, with significant operations in Anhui, Jiangsu, Sichuan and Fujian.