Today WUHAN GENERAL GROUP CHINA INC (OTCMKTS:WUHN) Reported Decrease in Shorted Shares

June 15, 2018 - By Adrian Mccoy

The stock of WUHAN GENERAL GROUP CHINA INC (OTCMKTS:WUHN) registered a decrease of 41.18% in short interest. WUHN’s total short interest was 1,000 shares in June as published by FINRA. Its down 41.18% from 1,700 shares, reported previously.

The stock decreased 16.47% or $0.0774 during the last trading session, reaching $0.3925. About 61,842 shares traded or 86.53% up from the average. Wuhan General Group (OTCMKTS:China, Inc) has 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

Wuhan General Group , Inc. engages in the design, development, manufacture, and sale of industrial blowers for steam-driven electrical power generation plants in the People's Republic of China. The company has market cap of $13.32 million. The Company’s blower products include axial fans that provide high-volume and low-pressure air for larger power stations; and centrifugal blowers, which offer lower volumes of air at higher pressures for use in medium-sized power stations for blowing coal dust into furnaces, as well as for aeration in sewage treatment plants. It currently has negative earnings. The firm also produces steam and water turbines consisting of regular steam turbines and co-generation steam turbines for use in electrical and hydropower plants.

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