Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 3,572 shares, an increase of 192.8% from the September 30th total of 1,220 shares. Based on an average trading volume of 2,322 shares, the days-to-cover ratio is currently 1.5 days.
Zhongsheng Group Price Performance
Zhongsheng Group stock opened at $2.79 on Friday. Zhongsheng Group has a 12 month low of $2.40 and a 12 month high of $17.55. The business’s fifty day simple moving average is $3.79 and its two-hundred day simple moving average is $8.29.
Zhongsheng Group Company Profile
Zhongsheng Group Holdings Limited is an automotive retail and services company based in China. The group operates dealerships that sell new vehicles, primarily representing international luxury and premium brands such as Mercedes-Benz, BMW, Lexus and Audi, subject to its brand and dealership agreements.
In addition to new-vehicle sales, Zhongsheng provides a range of automotive services, including used-vehicle sales, vehicle maintenance and repair, replacement parts, automotive accessories, insurance and financing-related services.
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