Ming Shing Group Holdings Limited (NASDAQ:MSW) Sees Significant Drop in Short Interest

Ming Shing Group Holdings Limited (NASDAQ:MSWGet Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 15,495 shares, a drop of 38.5% from the April 30th total of 25,191 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 59,672 shares, the days-to-cover ratio is presently 0.3 days.

Ming Shing Group Stock Performance

MSW stock opened at $1.46 on Friday. Ming Shing Group has a 52 week low of $0.60 and a 52 week high of $6.52. The firm’s 50-day moving average is $1.31 and its two-hundred day moving average is $1.23.

Ming Shing Group (NASDAQ:MSWGet Free Report) last released its quarterly earnings results on Friday, March 20th. The company reported ($0.14) EPS for the quarter. The business had revenue of $4.22 million for the quarter.

Ming Shing Group Company Profile

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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.

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