China High Speed Transmission Equipment Group Co. (OTCMKTS:CHSTY) Sees Large Growth in Short Interest

China High Speed Transmission Equipment Group Co. (OTCMKTS:CHSTY) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 302 shares, a growth of 196.1% from the July 15th total of 102 shares. Based on an average trading volume of 53 shares, the days-to-cover ratio is presently 5.7 days. Currently, 0.0% of the shares of the stock are sold short.

China High Speed Transmission Equipment Group Price Performance

Shares of China High Speed Transmission Equipment Group stock opened at $3.63 on Friday. China High Speed Transmission Equipment Group has a twelve month low of $3.63 and a twelve month high of $5.62. The firm’s 50-day moving average price is $5.02 and its 200 day moving average price is $5.41. The company has a quick ratio of 1.03, a current ratio of 1.37 and a debt-to-equity ratio of 0.34.

About China High Speed Transmission Equipment Group

China High Speed Transmission Equipment Group Co, Ltd. (OTCMKTS: CHSTY) is a China-based manufacturer specializing in the research, development and production of high-speed transmission equipment and gearbox solutions. The company’s core competencies lie in designing, engineering and assembling precision reducers and gearboxes tailored for wind turbines, industrial machinery and other heavy-duty applications.

The company’s product portfolio includes multi-stage wind turbine main gearboxes, industrial speed reducers, cycloidal pinwheel gear units and geared motors.