Power Assets Holdings Limited (OTCMKTS:HGKGY) Short Interest Up 45.2% in February

Power Assets Holdings Limited (OTCMKTS:HGKGY) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 36,600 shares, a growth of 45.2% from the January 31st total of 25,200 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is currently 3.8 days.

Power Assets Stock Down 0.9 %

Shares of HGKGY traded down $0.06 during trading hours on Tuesday, reaching $6.65. 560 shares of the company traded hands, compared to its average volume of 3,129. The stock’s fifty day moving average is $6.59 and its 200 day moving average is $6.59. Power Assets has a 1-year low of $5.10 and a 1-year high of $7.18.

Power Assets Company Profile

Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.