Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY – Get 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
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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