Ming Shing Group Holdings Limited (NASDAQ:MSW) Short Interest Update

Ming Shing Group Holdings Limited (NASDAQ:MSW) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 9,320 shares, a growth of 719.7% from the November 30th total of 1,137 shares. Based on an average trading volume of 72,867 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 72,867 shares, the days-to-cover ratio is presently 0.1 days.

Ming Shing Group Stock Performance

MSW traded up $0.03 during trading on Wednesday, reaching $1.01. 19,219 shares of the stock traded hands, compared to its average volume of 55,465. The company has a debt-to-equity ratio of 2.96, a quick ratio of 1.08 and a current ratio of 1.08. The stock’s 50-day moving average is $1.72 and its 200 day moving average is $2.51. Ming Shing Group has a 12 month low of $0.97 and a 12 month high of $10.58.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Ming Shing Group in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Ming Shing Group has an average rating of “Sell”.

About Ming Shing Group

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.