BEIJING ENTERPRISES WATER GROUP LTD ORDI (OTCMKTS:BJWTF)’s Trend Unknown, Especially After Increased Shorts

May 17, 2018 - By Jimmy Baldridge

The stock of BEIJING ENTERPRISES WATER GROUP LTD ORDI (OTCMKTS:BJWTF) registered an increase of 59.78% in short interest. BJWTF’s total short interest was 58.19M shares in May as published by FINRA. Its up 59.78% from 36.42 million shares, reported previously. With 8,700 shares average volume, it will take short sellers 6689 days to cover their BJWTF’s short positions. The short interest to BEIJING ENTERPRISES WATER GROUP LTD ORDI’s float is 1.25%.

It closed at $0.585 lastly. It is down 0.00% since May 17, 2017 and is . It has underperformed by 11.55% 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 $5.66 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 11.04 P/E ratio. The companyÂ’s Water Distribution Services segment distributes and sells piped water; and provides related services.

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