Shimao Services Holdings Limited (OTCMKTS:SHMSF) Sees Large Decline in Short Interest

Shimao Services Holdings Limited (OTCMKTS:SHMSF) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 2,358,700 shares, a drop of 21.9% from the September 15th total of 3,018,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Shimao Services Price Performance

OTCMKTS SHMSF opened at $0.18 on Tuesday. The firm’s 50-day moving average is $0.18 and its two-hundred day moving average is $0.18. Shimao Services has a 12 month low of $0.13 and a 12 month high of $0.18.

About Shimao Services

Shimao Services Holdings Limited, an investment holding company, provides property management and community living services in the People's Republic of China. The company offers security, cleaning, greening and gardening, repair, and maintenance services to construction, gardening, and other property management companies.