Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY – Get Free Report) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 118 shares, a decrease of 51.4% from the July 15th total of 243 shares. Based on an average daily trading volume, of 1 shares, the days-to-cover ratio is presently 118.0 days. Currently, 0.0% of the company’s shares are sold short.
Shanghai Industrial Price Performance
Shares of SGHIY opened at $15.26 on Tuesday. Shanghai Industrial has a twelve month low of $15.26 and a twelve month high of $22.08. The firm has a fifty day simple moving average of $16.49 and a two-hundred day simple moving average of $17.16.
Shanghai Industrial Company Profile
Shanghai Industrial (OTCMKTS: SGHIY) is a Hong Kong-incorporated investment holding company and state-owned enterprise under the Shanghai Municipal Government. Established in the early 1990s, the company pursues a diversified set of business activities across property development, infrastructure investment and branded consumer products. Shanghai Industrial’s broad portfolio is centered on projects within China’s major urban centers, with a particular focus on Shanghai and its surrounding regions.
In its property segment, Shanghai Industrial engages in the development, sale and management of residential, commercial and mixed-use properties.
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