China Coal Energy Company Limited (OTCMKTS:CCOZY) Short Interest Down 98.8% in October

China Coal Energy Company Limited (OTCMKTS:CCOZY) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 98.8% from the October 15th total of 8,600 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 0.0 days.

China Coal Energy Price Performance

Shares of China Coal Energy stock traded down $0.81 during midday trading on Thursday, reaching $22.10. The company had a trading volume of 464 shares, compared to its average volume of 1,138. The stock has a fifty day moving average price of $23.89 and a 200 day moving average price of $22.53. China Coal Energy has a fifty-two week low of $16.30 and a fifty-two week high of $28.10. The firm has a market cap of $14.65 billion, a PE ratio of 5.55 and a beta of -0.10.

China Coal Energy (OTCMKTS:CCOZY) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.01 earnings per share (EPS) for the quarter. China Coal Energy had a net margin of 10.70% and a return on equity of 10.22%. The firm had revenue of $6.62 billion for the quarter. As a group, sell-side analysts forecast that China Coal Energy will post 4.01 EPS for the current year.

China Coal Energy Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, November 7th. Shareholders of record on Monday, September 9th were issued a dividend of $0.487 per share. The ex-dividend date was Monday, September 9th. China Coal Energy’s payout ratio is currently 38.69%.

About China Coal Energy

China Coal Energy Company Limited primarily engages in the coal production and trading and coal chemical businesses in the People's Republic of China and internationally. The company offers polyolefin, methanol, urea, and other coal chemical products. It is also involved in the coal mining equipment manufacturing, pithead power generation, and other activities.