China Railway Group Limited (OTCMKTS:CRWOF – Get Free Report) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 25,632,737 shares, an increase of 62.8% from the May 14th total of 15,741,972 shares. Based on an average daily trading volume, of 22 shares, the short-interest ratio is presently 1,165,124.4 days.
China Railway Group Price Performance
Shares of China Railway Group stock opened at $0.41 on Wednesday. China Railway Group has a 12-month low of $0.40 and a 12-month high of $0.65. The company has a 50-day moving average of $0.51 and a two-hundred day moving average of $0.53.
About China Railway Group
China Railway Group Co, Ltd. (OTCMKTS: CRWOF) is a state-owned enterprise primarily engaged in large-scale construction and engineering projects. The company’s core activities include the design, construction and maintenance of rail transit systems, highways, bridges, tunnels and urban mass-transit infrastructure. In addition to civil engineering, China Railway Group provides comprehensive services in surveying, consulting, project management, and investment and financing solutions for infrastructure development.
Beyond traditional rail and road projects, the company offers water conservancy and environmental protection services, as well as mining engineering and real estate development.
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