Guangshen Railway Company Limited (OTCMKTS:GNGYF) Sees Significant Increase in Short Interest

Guangshen Railway Company Limited (OTCMKTS:GNGYF) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 1,528,000 shares, a growth of 15,180.0% from the February 28th total of 10,000 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is presently 1,389.1 days.

Guangshen Railway Price Performance

Shares of GNGYF remained flat at $0.28 during trading hours on Wednesday. Guangshen Railway has a 1-year low of $0.20 and a 1-year high of $0.33. The stock’s 50-day moving average is $0.28 and its 200-day moving average is $0.27.

About Guangshen Railway

Guangshen Railway Company Limited engages in the railway passenger and freight transportation businesses in the People's Republic of China. Its passenger transportation services include the operation of Guangzhou-Shenzhen inter-city express trains, long-distance trains, and Guangzhou-Hong Kong city through trains.