Zhejiang Expressway Co., Ltd. (OTCMKTS:ZHEXF) Sees Significant Drop in Short Interest

Zhejiang Expressway Co., Ltd. (OTCMKTS:ZHEXF) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 4,324,300 shares, a drop of 16.9% from the November 15th total of 5,202,300 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 4,804.8 days.

Zhejiang Expressway Stock Performance

OTCMKTS:ZHEXF opened at $0.65 on Friday. Zhejiang Expressway has a fifty-two week low of $0.57 and a fifty-two week high of $0.78. The firm has a 50-day simple moving average of $0.71 and a two-hundred day simple moving average of $0.66.

Zhejiang Expressway Company Profile

Zhejiang Expressway Co, Ltd., an investment holding company, constructs, operates, maintains, and manages roads in the People's Republic of China. It operates through Toll Operation, Securities Operation, and Others segments. The Toll Operation segment operates and manages high grade roads; and collects expressway tolls.