Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 68 shares, a drop of 42.4% from the August 31st total of 118 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 29 shares, the short-interest ratio is presently 2.3 days.
Shanghai Industrial Stock Performance
SGHIY remained flat at $15.26 on Wednesday. Shanghai Industrial has a 12-month low of $15.26 and a 12-month high of $22.08. The company’s 50 day moving average is $15.26 and its 200 day moving average is $16.76.
About Shanghai Industrial
Shanghai Industrial Holdings Limited is a Hong Kong-based investment holding company with diversified business interests. The company operates primarily through three segments: infrastructure facilities, real estate, and consumer products.
Its infrastructure activities include investments in toll roads, water treatment and other public utility projects. The real estate business focuses on property development and related operations, while its consumer products activities include pharmaceuticals, printing and packaging, and other consumer-oriented businesses.
Shanghai Industrial Holdings is part of the Shanghai International Group and has business interests in mainland China and Hong Kong.
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