Ming Shing Group Holdings Limited (NASDAQ:MSW) Short Interest Update

Ming Shing Group Holdings Limited (NASDAQ:MSW) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 9,320 shares, an increase of 719.7% from the November 30th total of 1,137 shares. Based on an average trading volume of 72,867 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 72,867 shares, the short-interest ratio is presently 0.1 days.

Ming Shing Group Price Performance

Shares of Ming Shing Group stock traded up $0.03 during midday trading on Thursday, hitting $1.01. 19,219 shares of the company were exchanged, compared to its average volume of 55,465. The firm has a 50 day simple moving average of $1.72 and a 200-day simple moving average of $2.51. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.08 and a quick ratio of 1.08. Ming Shing Group has a 52 week low of $0.97 and a 52 week high of $10.58.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Ming Shing Group in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Ming Shing Group presently has a consensus rating of “Sell”.

About Ming Shing Group

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.