Short Interest in Ming Shing Group Holdings Limited (NASDAQ:MSW) Rises By 719.7%
by Kim Johansen · The Markets DailyMing Shing Group Holdings Limited (NASDAQ:MSW – Get Free Report) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 9,320 shares, a growth of 719.7% from the November 30th total of 1,137 shares. Based on an average trading volume of 72,867 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 72,867 shares, the days-to-cover ratio is presently 0.1 days.
Ming Shing Group Trading Up 5.0%
NASDAQ MSW traded up $0.05 during trading on Friday, hitting $1.06. 5,002 shares of the company’s stock traded hands, compared to its average volume of 222,059. The stock has a fifty day moving average of $1.70 and a two-hundred day moving average of $2.50. Ming Shing Group has a 12-month low of $0.97 and a 12-month high of $10.58. The company has a debt-to-equity ratio of 2.96, a quick ratio of 1.08 and a current ratio of 1.08.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Ming Shing Group in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.
Read Our Latest Stock Report on Ming Shing Group
About Ming Shing Group
Ming Shing Group Holdings Limited is a company mainly engaged in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works and marble works. Ming Shing Group Holdings Limited is based in Hong Kong.