Short Interest in Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY) Decreases By 99.0%

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGYGet Free Report) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 14 shares, a decline of 99.0% from the May 14th total of 1,436 shares. Based on an average daily volume of 590 shares, the short-interest ratio is presently 0.0 days.

Zhongsheng Group Price Performance

OTCMKTS:ZSHGY opened at $7.64 on Wednesday. The stock has a 50-day simple moving average of $9.20 and a two-hundred day simple moving average of $12.42. Zhongsheng Group has a 52-week low of $7.56 and a 52-week high of $22.00.

Zhongsheng Group Company Profile

(Get Free Report)

Zhongsheng Group Holdings Limited, incorporated in 1998 and headquartered in Beijing, is one of China’s leading automotive retail and services providers. The company operates a comprehensive network of dealerships and service centers, offering a one-stop solution for consumers in the premium and luxury vehicle segments. Since its initial public offering on the Hong Kong Stock Exchange in 2009, Zhongsheng has expanded steadily to become a prominent name in China’s automotive retail landscape.

The company’s core business encompasses the sale of new vehicles across a portfolio of international brands, including marquee names in the luxury and premium markets.

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