Guangshen Railway Company Limited (OTCMKTS:GNGYF) Sees Large Growth in Short Interest

Guangshen Railway Company Limited (OTCMKTS:GNGYF) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 720,000 shares, an increase of 57.2% from the July 15th total of 458,000 shares. Based on an average daily volume of 86,500 shares, the short-interest ratio is presently 8.3 days.

Guangshen Railway Price Performance

Shares of OTCMKTS:GNGYF remained flat at $0.25 during midday trading on Wednesday. The stock had a trading volume of 3,750 shares, compared to its average volume of 42,452. The company has a 50-day simple moving average of $0.28 and a two-hundred day simple moving average of $0.24. Guangshen Railway has a 52-week low of $0.16 and a 52-week high of $0.31.

About Guangshen Railway

Guangshen Railway Company Limited engages in the railway passenger and freight transportation businesses in the People's Republic of China. Its passenger transportation services include the operation of Guangzhou-Shenzhen inter-city express trains, long-distance trains, and Guangzhou-Hong Kong city through trains.