What’s Ahead for GCL POLY ENERGY HOLDINGS LTD ORDINARY SH (OTCMKTS:GCPEF) After Less Shorted Shares?

May 6, 2018 - By Marguerite Chambers

GCL-Poly Energy Holdings Limited (OTCMKTS:GCPEF) Logo

The stock of GCL POLY ENERGY HOLDINGS LTD ORDINARY SH (OTCMKTS:GCPEF) registered a decrease of 7.08% in short interest. GCPEF’s total short interest was 151.45M shares in May as published by FINRA. Its down 7.08% from 162.98M shares, reported previously. With 2,400 shares average volume, it will take short sellers 63103 days to cover their GCPEF’s short positions. The short interest to GCL POLY ENERGY HOLDINGS LTD ORDINARY SH’s float is 1.21%.

It closed at $0.12 lastly. It is down 0.00% since May 6, 2017 and is . It has underperformed by 11.55% the S&P500.

GCL-Poly Energy Holdings Limited, an investment holding company, operates as a solar photovoltaic firm in the PeopleÂ’s Republic of China and internationally. The company has market cap of $2.27 billion. It operates through Solar Material Business, Solar Farm Business, and New Energy Business divisions. It has a 7.06 P/E ratio. The Solar Material Business segment primarily makes and sells polysilicon and wafer to companies operating in the solar industry.

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