China Jinmao Holdings Group Limited (OTCMKTS:FRSHY – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 5,265 shares. Based on an average daily trading volume, of 2,385 shares, the days-to-cover ratio is currently 2.2 days.
China Jinmao Holdings Group Trading Down 5.4%
Shares of OTCMKTS:FRSHY traded down $0.41 during trading on Friday, hitting $7.26. 619 shares of the company were exchanged, compared to its average volume of 4,035. China Jinmao Holdings Group has a 52-week low of $7.19 and a 52-week high of $15.00. The stock has a 50 day moving average of $7.55 and a 200 day moving average of $7.37.
China Jinmao Holdings Group Company Profile
China Jinmao Holdings Group Limited is a China-based property developer and urban operations company. Formerly known as Franshion Properties Limited, the company adopted its current name in 2015. It is a subsidiary of Sinochem Holdings Corporation Ltd., a state-owned enterprise group.
The company develops and operates residential communities, commercial properties, office buildings, hotels and large-scale urban complexes. Its business also includes commercial leasing, hotel management, city infrastructure and urban redevelopment services, as well as green and energy-efficient technologies used in property and city operations.
China Jinmao’s activities are concentrated primarily in mainland China, with projects and operations in major cities and urban regions.
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