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

Ming Shing Group Holdings Limited (NASDAQ:MSW) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 451,279 shares, a growth of 1,997.2% from the May 31st total of 21,518 shares. Currently, 4.3% of the shares of the company are sold short. Based on an average trading volume of 5,517,600 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Ming Shing Group in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Ming Shing Group Stock Up 0.8%

Shares of MSW stock traded up $0.01 during trading hours on Friday, hitting $1.27. The company’s stock had a trading volume of 100,397 shares, compared to its average volume of 3,168,132. Ming Shing Group has a 12-month low of $0.60 and a 12-month high of $5.60. The company has a 50 day moving average of $1.43 and a 200 day moving average of $1.20.

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.