Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,136 shares, a decrease of 95.7% from the June 15th total of 26,128 shares. Based on an average daily volume of 4,272 shares, the short-interest ratio is presently 0.3 days.
Zhongsheng Group Stock Performance
OTCMKTS:ZSHGY remained flat at $6.47 during trading hours on Friday. The firm has a fifty day simple moving average of $7.54 and a 200-day simple moving average of $11.17. Zhongsheng Group has a 12 month low of $6.04 and a 12 month high of $22.00.
Zhongsheng Group Company Profile
Zhongsheng Group Holdings Limited, incorporated in 1998 and headquartered in Beijing, is one of China’s leading automotive retail and services providers. The company operates a comprehensive network of dealerships and service centers, offering a one-stop solution for consumers in the premium and luxury vehicle segments. Since its initial public offering on the Hong Kong Stock Exchange in 2009, Zhongsheng has expanded steadily to become a prominent name in China’s automotive retail landscape.
The company’s core business encompasses the sale of new vehicles across a portfolio of international brands, including marquee names in the luxury and premium markets.
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