Dongfang Electric Co. Limited (OTCMKTS:DNGFF) Short Interest Down 69.5% in November

Dongfang Electric Co. Limited (OTCMKTS:DNGFF) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 6,400 shares, a drop of 69.5% from the November 15th total of 21,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Dongfang Electric Price Performance

DNGFF stock remained flat at $1.10 during trading on Wednesday. Dongfang Electric has a 52 week low of $0.81 and a 52 week high of $1.58. The stock’s 50 day moving average is $1.10 and its 200 day moving average is $1.22.

About Dongfang Electric

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.