Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 68 shares, a decrease of 42.4% from the August 31st total of 118 shares. Based on an average daily trading volume, of 29 shares, the days-to-cover ratio is currently 2.3 days. Currently, 0.0% of the company’s shares are sold short.
Shanghai Industrial Price Performance
Shares of SGHIY stock remained flat at $15.26 on Wednesday. The company has a 50 day moving average of $15.26 and a two-hundred day moving average of $16.76. Shanghai Industrial has a 52 week low of $15.26 and a 52 week high of $22.08.
Shanghai Industrial Company Profile
Shanghai Industrial Holdings Limited is a Hong Kong-based investment holding company with diversified business interests. The company operates primarily through three segments: infrastructure facilities, real estate, and consumer products.
Its infrastructure activities include investments in toll roads, water treatment and other public utility projects. The real estate business focuses on property development and related operations, while its consumer products activities include pharmaceuticals, printing and packaging, and other consumer-oriented businesses.
Shanghai Industrial Holdings is part of the Shanghai International Group and has business interests in mainland China and Hong Kong.
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