Guangshen Railway Company Limited (OTCMKTS:GNGYF) Sees Large Increase in Short Interest

Guangshen Railway Company Limited (OTCMKTS:GNGYFGet Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 16,000 shares, an increase of 100.0% from the July 30th total of 8,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Guangshen Railway Stock Performance

Shares of OTCMKTS GNGYF remained flat at $0.24 during trading hours on Friday. Guangshen Railway has a 52 week low of $0.21 and a 52 week high of $0.40. The firm’s 50 day moving average is $0.24 and its 200-day moving average is $0.26.

Guangshen Railway Company Profile

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Guangshen Railway Company Limited operates passenger and freight rail services along the Guangzhou–Shenzhen corridor in Guangdong Province, China. Established in 1996 as the first joint-stock railway reform pilot in the country, the company manages the 147-kilometer line linking Guangzhou, Dongguan, Shenzhen and border crossings into Hong Kong. Regular high-frequency intercity trains serve daily commuters, while longer-distance services connect urban centers across the Pearl River Delta.

Beyond core transport services, Guangshen Railway provides comprehensive logistics and freight forwarding solutions.

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