Zhejiang Expressway Co., Ltd. (OTCMKTS:ZHEXF – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 3,155,650 shares, a growth of 180.1% from the August 31st total of 1,126,517 shares. Based on an average trading volume of 1,775 shares, the short-interest ratio is presently 1,777.8 days.
Zhejiang Expressway Price Performance
OTCMKTS ZHEXF opened at $0.73 on Friday. Zhejiang Expressway has a 1-year low of $0.71 and a 1-year high of $1.10. The stock has a 50-day moving average of $0.80 and a 200-day moving average of $0.86.
About Zhejiang Expressway
Zhejiang Expressway Co, Ltd. is a leading toll road operator and infrastructure developer headquartered in Hangzhou, Zhejiang Province, People’s Republic of China. Since its incorporation in 1997 and subsequent listing on the Hong Kong Stock Exchange, the company has been engaged primarily in the investment, construction, operation and maintenance of high-grade expressways. Its flagship assets include several key highway corridors that serve as vital arteries for passenger and freight traffic across Zhejiang, with connections extending into neighboring provinces such as Jiangsu and Shanghai.
Beyond toll road operations, Zhejiang Expressway has diversified its portfolio by developing ancillary businesses that complement its core infrastructure assets.
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