Short Interest in China Coal Energy Company Limited (OTCMKTS:CCOZY) Grows By 10.0%

China Coal Energy Company Limited (OTCMKTS:CCOZY) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totalling 1,100 shares, a growth of 10.0% from the September 15th total of 1,000 shares. Based on an average trading volume of 3,700 shares, the days-to-cover ratio is presently 0.3 days.

China Coal Energy Price Performance

Shares of CCOZY opened at $25.40 on Thursday. China Coal Energy has a 1-year low of $16.30 and a 1-year high of $28.10. The stock has a market cap of $16.84 billion, a PE ratio of 6.40 and a beta of -0.10. The firm has a fifty day moving average price of $21.83 and a 200 day moving average price of $21.78.

China Coal Energy (OTCMKTS:CCOZY) last posted its earnings results on Friday, August 23rd. The company reported $1.22 earnings per share for the quarter. The business had revenue of $6.57 billion during the quarter. China Coal Energy had a return on equity of 10.24% and a net margin of 10.78%. As a group, equities analysts expect that China Coal Energy will post 4.01 EPS for the current fiscal year.

China Coal Energy Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, November 7th. Shareholders of record on Monday, September 9th will be paid a $0.487 dividend. The ex-dividend date is Monday, September 9th. China Coal Energy’s dividend payout ratio is presently 38.54%.

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.