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

Guangshen Railway Company Limited (OTCMKTS:GNGYF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,528,000 shares, a growth of 15,180.0% from the February 28th total of 10,000 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 1,389.1 days.

Guangshen Railway Price Performance

Shares of GNGYF stock remained flat at $0.28 on Wednesday. The business has a 50-day moving average of $0.28 and a 200 day moving average of $0.27. Guangshen Railway has a 1 year low of $0.20 and a 1 year high of $0.33.

Guangshen Railway Company Profile

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.