Huaneng Power International, Inc. (OTCMKTS:HUNGF) Short Interest Down 15.2% in May

Huaneng Power International, Inc. (OTCMKTS:HUNGF) was the recipient of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 9,495,400 shares, a drop of 15.2% from the May 15th total of 11,203,800 shares. Based on an average daily volume of 5,200 shares, the short-interest ratio is presently 1,826.0 days.

Huaneng Power International Stock Performance

Shares of OTCMKTS:HUNGF remained flat at $0.70 on Monday. 54,520 shares of the stock traded hands, compared to its average volume of 61,499. The stock’s 50-day moving average is $0.65 and its 200-day moving average is $0.58. Huaneng Power International has a 12-month low of $0.41 and a 12-month high of $0.70.

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.