Zhejiang Expressway Co., Ltd. (OTCMKTS:ZHEXF – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,155,650 shares, an increase of 180.1% from the August 31st total of 1,126,517 shares. Based on an average daily trading volume, of 1,775 shares, the days-to-cover ratio is currently 1,777.8 days.
Zhejiang Expressway Price Performance
Shares of ZHEXF stock opened at $0.73 on Monday. Zhejiang Expressway has a 12-month low of $0.71 and a 12-month high of $1.10. The business’s fifty day simple moving average is $0.80 and its 200-day simple moving average is $0.86.
Zhejiang Expressway Company Profile
Zhejiang Expressway Co, Ltd. is a China-based transportation infrastructure company focused primarily on the investment, development, operation and management of expressways in Zhejiang Province. Its business is centered on collecting tolls and providing road-related services across its expressway portfolio, supporting regional transportation and economic activity.
The company’s operations have included interests in major Zhejiang expressways, including the Hangzhou-Ningbo Expressway and other routes connecting cities and economic centers within the province.
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