Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY – Get Free Report) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 243 shares, a growth of 105.9% from the June 30th total of 118 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 144 shares, the days-to-cover ratio is currently 1.7 days.
Shanghai Industrial Price Performance
SGHIY opened at $15.26 on Friday. The company has a fifty day moving average price of $17.11 and a two-hundred day moving average price of $17.46. Shanghai Industrial has a 1-year low of $15.26 and a 1-year high of $22.08.
Shanghai Industrial Company Profile
Shanghai Industrial (OTCMKTS: SGHIY) is a Hong Kong-incorporated investment holding company and state-owned enterprise under the Shanghai Municipal Government. Established in the early 1990s, the company pursues a diversified set of business activities across property development, infrastructure investment and branded consumer products. Shanghai Industrial’s broad portfolio is centered on projects within China’s major urban centers, with a particular focus on Shanghai and its surrounding regions.
In its property segment, Shanghai Industrial engages in the development, sale and management of residential, commercial and mixed-use properties.
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