Zhejiang Expressway Co., Ltd. (OTCMKTS:ZHEXF – Get Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 472,870 shares, a drop of 55.9% from the July 15th total of 1,072,870 shares. Based on an average daily volume of 2,424 shares, the days-to-cover ratio is currently 195.1 days.
Zhejiang Expressway Stock Up 3.7%
OTCMKTS:ZHEXF opened at $0.79 on Friday. The business’s 50-day moving average price is $0.83 and its 200 day moving average price is $0.89. Zhejiang Expressway has a 52-week low of $0.73 and a 52-week high of $1.10.
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.
Featured Stories
- Five stocks we like better than Zhejiang Expressway
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Zhejiang Expressway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zhejiang Expressway and related companies with MarketBeat.com's FREE daily email newsletter.
