It Seems SHANGHAI ELECTRIC GROUP CO LTD SHARES -H (OTCMKTS:SIELF) Will Go Down. Just Reported More Shorted Shares

SHANGHAI ELECTRIC (OTCMKTS:SIELF) Logo

The stock of SHANGHAI ELECTRIC GROUP CO LTD SHARES -H (OTCMKTS:SIELF) registered an increase of 2.64% in short interest. SIELF’s total short interest was 12.98 million shares in December as published by FINRA. Its up 2.64% from 12.64 million shares, reported previously.

It closed at $0.35 lastly. It is down 0.00% since December 1, 2017 and is . It has underperformed by 15.62% the S&P500.

Shanghai Electric Group Company Limited, an equipment manufacturing conglomerate, provides equipment, equipment sets, and engineering works and contracting services in the PeopleÂ’s Republic of China. The company has market cap of $. The firm makes and sells nuclear power, nuclear island, wind power, and environmental protection equipment, as well as heavy machinery, including forging components; and provides solution packages for utilization of solid waste, sewage treatment, power generation environment protection, and distributed energy systems. It currently has negative earnings. It also offers thermal power equipment and corollary equipment; and nuclear power conventional island, and power transmission and distribution equipment.

More news for SHANGHAI ELECTRIC (OTCMKTS:SIELF) were recently published by: Forbes.com, which released: “GM Must Adapt Or Die: A Lesson For U.S. Automakers – Forbes” on November 30, 2018. Investorplace.com‘s article titled: “Qualcomm Stock Looks to Self-Driving Cars for a Jumpstart – Investorplace.com” and published on November 30, 2018 is yet another important article.

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