A Reversal for BEIJING ENTERPRISES WATER GROUP LTD ORDI (OTCMKTS:BJWTF) Is Not Near. The Stock Has Rise in Shorts

The stock of BEIJING ENTERPRISES WATER GROUP LTD ORDI (OTCMKTS:BJWTF) registered an increase of 13.6% in short interest. BJWTF’s total short interest was 84.80 million shares in December as published by FINRA. Its up 13.6% from 74.65M shares, reported previously. With 13,700 shares average volume, it will take short sellers 6189 days to cover their BJWTF’s short positions.

It closed at $0.59 lastly. It is down 0.00% since December 6, 2017 and is . It has underperformed by 15.62% the S&P500.

Beijing Enterprises Water Group Limited, together with its subsidiaries, provides various water services and environmental protection services in Mainland China, Singapore, Malaysia, and Portugal. The company has market cap of $5.85 billion. The Company’s Sewage and Reclaimed Water Treatment and Construction Services segment constructs and operates sewage and reclaimed water treatment plants; constructs a seawater desalination plant; and provides construction services for renovation projects. It has a 10.17 P/E ratio. The companyÂ’s Water Distribution Services segment distributes and sells piped water; and provides related services.

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