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 Trading Up 1.6%

Shares of NASDAQ MSW opened at $1.27 on Wednesday. The firm’s 50-day simple moving average is $1.29 and its 200 day simple moving average is $1.24. Ming Shing Group has a 12-month low of $0.60 and a 12-month high of $6.52.

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