Dongfang Electric Co. Limited (OTCMKTS:DNGFF) Sees Large Growth in Short Interest

Dongfang Electric Co. Limited (OTCMKTS:DNGFF) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 1,200 shares, a growth of 50.0% from the August 15th total of 800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Dongfang Electric Price Performance

Shares of DNGFF remained flat at $1.10 during trading hours on Friday. Dongfang Electric has a 12-month low of $0.81 and a 12-month high of $1.58. The business has a 50-day moving average of $1.22 and a 200 day moving average of $1.17.

Dongfang Electric Company Profile

Dongfang Electric Corporation Limited engages in the design, develop, manufacture, and sale of power generation equipment in China and internationally. It operates through five segments: Renewable Energy Equipment, Clean and Efficient Energy Equipment, Engineering and Trade, Modern Manufacturing Services Industry, and Emerging Growth Industry.