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

Zhejiang Expressway Co., Ltd. (OTCMKTS:ZHEXF) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 4,324,300 shares, a decrease 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 currently 4,804.8 days.

Zhejiang Expressway Stock Performance

Shares of OTCMKTS ZHEXF opened at $0.65 on Friday. Zhejiang Expressway has a 12 month low of $0.57 and a 12 month high of $0.78. The firm has a fifty day simple moving average of $0.71 and a two-hundred day simple moving average of $0.66.

About Zhejiang Expressway

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.