TIANNENG POWER INTERNATIOANL LTD ORD (OTCMKTS:TIANF)’s Stock Is Buy After Less Market Selling

July 14, 2018 - By Vernon Rice

The stock of TIANNENG POWER INTERNATIOANL LTD ORD (OTCMKTS:TIANF) registered a decrease of 76.21% in short interest. TIANF’s total short interest was 67,100 shares in July as published by FINRA. Its down 76.21% from 282,000 shares, reported previously. With 1,600 shares average volume, it will take short sellers 42 days to cover their TIANF’s short positions. The short interest to TIANNENG POWER INTERNATIOANL LTD ORD’s float is 0.01%.

It closed at $1.25 lastly. It is down 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Tianneng Power International Limited, an investment holding company, develops, produces, and sells motive, wind, and solar power storage batteries for the electric vehicle market in the People??s Republic of China. The company has market cap of $1.41 billion. The firm offers lead-acid motive batteries for use in electric bikes, electric tricycles, and electric cars; lithium motive batteries for new energy vehicles; and wind energy and solar energy storage batteries, as well as recycled batteries and battery related accessories. It has a 8.06 P/E ratio. It also sells metal materials; and makes and sells electrode plates.

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