China Longyuan Power Group Co. Limited (OTCMKTS:CLPXY – Get Free Report) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 10,800 shares, an increase of 54.3% from the May 31st total of 7,000 shares. Based on an average daily trading volume, of 25,500 shares, the short-interest ratio is currently 0.4 days.
China Longyuan Power Group Price Performance
Shares of CLPXY traded down C$0.17 during trading hours on Friday, reaching C$8.59. 5,561 shares of the company traded hands, compared to its average volume of 24,944. The business has a fifty day moving average price of C$8.62 and a 200-day moving average price of C$7.47. China Longyuan Power Group has a 12-month low of C$5.62 and a 12-month high of C$10.51.
China Longyuan Power Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, August 21st. Stockholders of record on Thursday, June 13th will be paid a $0.2441 dividend. This is a boost from China Longyuan Power Group’s previous dividend of $0.13. The ex-dividend date of this dividend is Thursday, June 13th.
About China Longyuan Power Group
China Longyuan Power Group Corporation Limited generates and sells wind and coal power in the People's Republic of China and internationally. It operates through two segments: Wind Power and Coal Power. The company designs, develops, constructs, manages, and operates wind and coal power plants. It also operates other power projects, such as photovoltaic, tidal, biomass, and geothermal.
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