Power Assets Holdings Limited (OTCMKTS:HGKGY) Short interest up 44.4% in April


Power Assets Holdings Limited (OTCMKTS: HGKGYGet a rating) recorded a sharp increase in short-term interest in April. As of April 30, there was short interest totaling 3,900 shares, a 44.4% increase from the April 15 total of 2,700 shares. Based on an average trading volume of 2,500 shares, the day-to-cover ratio is currently 1.6 days.

Shares of OTCMKTS: HGKGY traded at $0.08 during the midday session on Friday, reaching $6.86. 817 shares of the company were traded, against an average volume of 3,076. The company’s 50-day moving average price is $6.61 and its 200-day moving average price is $6.30. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt ratio of 0.04. Power Assets has a 52-week low of $5.66 and a 52-week high of $6.90.

Power Assets Company Profile (Get a rating)

Power Assets Holdings Limited, an investment holding company, generates, transmits and distributes electricity in Hong Kong, the United Kingdom, Australia, mainland China and overseas. It generates energy from thermal sources, renewable energies and waste. The company also transports and distributes oil and gas; holds property and deposits; and provides advisory, investment, trust administration and management services.

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