Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY) Short Interest Update

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,200 shares, an increase of 20.0% from the February 28th total of 1,000 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 1.7 days.

Zhongsheng Group Price Performance

ZSHGY stock opened at $19.30 on Wednesday. The business’s 50-day moving average is $17.26 and its two-hundred day moving average is $17.60. Zhongsheng Group has a 1 year low of $10.99 and a 1 year high of $22.69.

About Zhongsheng Group

Zhongsheng Group Holdings Limited, an investment holding company, engages in the sale and service of motor vehicles in the People's Republic of China. The company operates 4S dealerships for various automobile brands consisting of luxury automobile brands, including Mercedes-Benz, Lexus, BMW, Audi, Jaguar Land Rover, Porsche, and Volvo; and mid-to-high end automobile brands, such as Toyota, Honda, and Nissan.