Short Interest in Zhuzhou CRRC Times Electric Co., Ltd. (OTCMKTS:ZHUZY) Grows By 45.5%

Zhuzhou CRRC Times Electric Co., Ltd. (OTCMKTS:ZHUZY) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 64 shares, a growth of 45.5% from the February 12th total of 44 shares. Based on an average daily trading volume, of 321 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 321 shares, the days-to-cover ratio is presently 0.2 days.

Zhuzhou CRRC Times Electric Stock Performance

Shares of OTCMKTS:ZHUZY opened at C$28.33 on Friday. The stock’s fifty day simple moving average is C$24.62 and its two-hundred day simple moving average is C$23.25. Zhuzhou CRRC Times Electric has a 1-year low of C$28.33 and a 1-year high of C$30.68.

Zhuzhou CRRC Times Electric Company Profile

Zhuzhou CRRC Times Electric Co, Ltd. is a China–based designer and manufacturer of electrical traction equipment for the rail transit industry. As a publicly traded subsidiary of CRRC Corporation Limited, it focuses on the development and production of key propulsion and power‐conversion systems for high‐speed trains, urban rail vehicles, freight locomotives and other rail applications. The company’s product portfolio includes AC traction motors, traction converters, auxiliary power units, transformers and onboard power supply systems.

Since its establishment in 2002 in Zhuzhou, Hunan Province, the company has leveraged research and development capabilities to advance modular and integrated drive solutions.