Greentown China Holdings Limited (OTCMKTS:GTWCF – Get Free Report) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,796,000 shares, an increase of 20.5% from the February 28th total of 3,151,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Greentown China Stock Performance
Shares of OTCMKTS:GTWCF remained flat at $0.96 during midday trading on Wednesday. The business’s 50 day simple moving average is $0.96 and its 200 day simple moving average is $0.96. Greentown China has a twelve month low of $0.90 and a twelve month high of $1.62.
Wall Street Analysts Forecast Growth
Separately, UBS Group upgraded Greentown China to a “buy” rating in a research report on Wednesday, March 12th.
About Greentown China
Greentown China Holdings Limited, an investment holding company, engages in the property development and related business in China. It operates through Property Development, Hotel Operations, Property Investment, Project Management, and Other segments. The company develops and sells residential properties.
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