Huaneng Power International, Inc. (OTCMKTS:HUNGF) Short Interest Up 238.3% in October

Huaneng Power International, Inc. (OTCMKTS:HUNGF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 13,001,600 shares, a growth of 238.3% from the October 15th total of 3,843,400 shares. Based on an average trading volume of 11,900 shares, the days-to-cover ratio is currently 1,092.6 days.

Huaneng Power International Stock Performance

Huaneng Power International stock opened at $0.52 on Thursday. Huaneng Power International has a 12 month low of $0.44 and a 12 month high of $0.75. The stock’s 50 day simple moving average is $0.56 and its two-hundred day simple moving average is $0.61.

About Huaneng Power International

Huaneng Power International, Inc, together with its subsidiaries, generates and sells electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It develops, constructs, operates, and manages power plants and related projects. The company generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources.