CIMC Enric Holdings Limited (OTCMKTS:CIMEF) Sees Significant Decrease in Short Interest

CIMC Enric Holdings Limited (OTCMKTS:CIMEF) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 316,500 shares, a drop of 79.4% from the May 31st total of 1,538,000 shares. Based on an average daily trading volume, of 91 shares, the days-to-cover ratio is presently 3,478.0 days.

CIMC Enric Stock Performance

Shares of CIMEF stock opened at $0.93 on Friday. CIMC Enric has a fifty-two week low of $0.93 and a fifty-two week high of $1.51. The stock’s 50-day simple moving average is $1.23 and its 200-day simple moving average is $1.05.

CIMC Enric Company Profile

CIMC Enric Holdings Limited provides transportation, storage, and processing equipment for the clean energy, chemicals, environmental, and liquid food industries worldwide. Its Clean Energy segment manufactures and operates equipment for the storage, transportation, processing, and distribution of compressed natural gas and hydrogen trailers, seamless pressure cylinders, LPG trailers and storage tanks, liquefied petroleum gas tanks and trailers, natural gas and hydrogen refuelling station systems, and natural gas compressors; and offers engineering, procurement, and construction services for the natural gas and hydrogen industry, as well as internet of things intelligent operation and management platform under the Anjiehui brand.