Ming Shing Group Holdings Limited (NASDAQ:MSW) Sees Significant Decline in Short Interest

Ming Shing Group Holdings Limited (NASDAQ:MSWGet Free Report) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 15,495 shares, a decrease of 38.5% from the April 30th total of 25,191 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 59,672 shares, the short-interest ratio is currently 0.3 days.

Ming Shing Group Price Performance

Shares of NASDAQ:MSW opened at $1.27 on Wednesday. Ming Shing Group has a 1-year low of $0.60 and a 1-year high of $6.52. The business has a 50-day moving average price of $1.29 and a two-hundred day moving average price of $1.24.

Ming Shing Group (NASDAQ:MSWGet Free Report) last announced its quarterly earnings data on Friday, March 20th. The company reported ($0.14) earnings per share for the quarter. The business had revenue of $4.22 million during the quarter.

Ming Shing Group Company Profile

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Ming Shing Group Holdings Limited is a company mainly engaged in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works and marble works. Ming Shing Group Holdings Limited is based in Hong Kong.

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