Yankuang Energy Group Company Limited (OTCMKTS:YZCAY) Sees Significant Growth in Short Interest

Yankuang Energy Group Company Limited (OTCMKTS:YZCAY) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 16,900 shares, an increase of 482.8% from the May 31st total of 2,900 shares. Based on an average daily volume of 26,000 shares, the short-interest ratio is presently 0.7 days.

Yankuang Energy Group Stock Performance

OTCMKTS:YZCAY traded down $2.27 during trading hours on Thursday, reaching $18.47. The company had a trading volume of 47,083 shares, compared to its average volume of 3,925. The stock has a 50-day moving average of $23.00 and a two-hundred day moving average of $21.71. Yankuang Energy Group has a one year low of $13.70 and a one year high of $25.93.

Yankuang Energy Group’s stock is scheduled to split on Wednesday, August 7th. The 1.3-1 split was announced on Wednesday, August 7th. The newly issued shares will be distributed to shareholders after the closing bell on Wednesday, August 7th.

Yankuang Energy Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, August 9th. Investors of record on Thursday, June 27th will be issued a $0.2619 dividend. The ex-dividend date of this dividend is Thursday, June 27th.

About Yankuang Energy Group

Yankuang Energy Group Company Limited engages in the mining, preparation, and sale of coal in China and internationally. It offers thermal, PCI, and coking coal for electric power, metallurgy, chemical industry, etc.; manufactures, installs, and sells mining equipment and machinery; manufactures and sells coal mining and excavating equipment, cable, and rubber products; manufactures and sells methanol, acetic acid, ethyl acetate, caprolactam, naphtha, crude liquid wax, etc.; produces and sells chemicals and synthesis catalyst; explores for potash mineral; and sells coal mine machinery equipment and accessories, construction materials, petroleum products, and mineral products.