China Shenhua Energy Company Limited (OTCMKTS:CSUAY) Sees Significant Decrease in Short Interest

China Shenhua Energy Company Limited (OTCMKTS:CSUAY) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 500 shares, a decline of 94.3% from the September 30th total of 8,700 shares. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is currently 0.0 days.

China Shenhua Energy Stock Down 2.1 %

OTCMKTS CSUAY traded down $0.36 during trading on Friday, reaching $17.06. 12,518 shares of the company’s stock were exchanged, compared to its average volume of 27,226. The stock has a market cap of $84.83 billion, a P/E ratio of 9.86 and a beta of 0.10. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.20 and a current ratio of 2.35. The company has a 50 day moving average price of $17.09 and a two-hundred day moving average price of $17.62. China Shenhua Energy has a 1 year low of $12.10 and a 1 year high of $20.96.

China Shenhua Energy (OTCMKTS:CSUAY) last announced its quarterly earnings results on Friday, August 30th. The company reported $0.42 earnings per share (EPS) for the quarter. China Shenhua Energy had a return on equity of 12.37% and a net margin of 17.72%. The company had revenue of $11.11 billion during the quarter. On average, equities research analysts anticipate that China Shenhua Energy will post 1.74 EPS for the current fiscal year.

About China Shenhua Energy

China Shenhua Energy Company Limited, together with its subsidiaries, engages in the production and sale of coal and power; railway, port, and shipping transportation; and coal-to-olefins businesses in the People's Republic of China and internationally. It operates through six segments: Coal, Power Generation, Railway, Port, Shipping, and Coal Chemical.