Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY) Shares Shorted: Short Interest Down 42.4% in September

Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY) 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. Based on an average trading volume of 29 shares, the short-interest ratio is currently 2.3 days. Approximately 0.0% of the company’s stock are sold short.

Shanghai Industrial Stock Performance

Shares of SGHIY opened at $15.26 on Thursday. Shanghai Industrial has a fifty-two week low of $15.26 and a fifty-two week high of $22.08. The firm’s 50-day simple moving average is $15.26 and its two-hundred day simple moving average is $16.75.

Shanghai Industrial Company Profile

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.