Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY – Get Free Report) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,333 shares, an increase of 81.6% from the June 15th total of 734 shares. Based on an average daily volume of 5,996 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.
Analysts Set New Price Targets
Separately, Zacks Research raised Yankuang Energy Group from a “hold” rating to a “strong-buy” rating in a report on Friday, June 19th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Yankuang Energy Group currently has a consensus rating of “Strong Buy”.
Get Our Latest Stock Report on Yankuang Energy Group
Yankuang Energy Group Stock Down 2.1%
About Yankuang Energy Group
Yankuang Energy Group Co, Ltd. is a state-owned enterprise based in Jining, Shandong Province, China, primarily engaged in coal mining and comprehensive energy services. As one of the largest coal producers in Shandong, the company’s core operations include the exploration, extraction and processing of thermal and coking coal. In addition to its traditional coal business, Yankuang Energy Group has extended its operations into coal chemical production, power generation and related engineering services to support China’s broader energy transition.
The company’s coal chemical segment produces a range of downstream products, including methanol, ammonia, fertilizers and other industrial chemicals derived from coal gasification processes.
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