Ming Shing Group Holdings Limited (NASDAQ:MSW) Short Interest Down 91.2% in January

Ming Shing Group Holdings Limited (NASDAQ:MSW) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 4,365 shares, a decline of 91.2% from the January 15th total of 49,464 shares. Based on an average daily trading volume, of 92,822 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 92,822 shares, the days-to-cover ratio is currently 0.0 days.

Ming Shing Group Price Performance

Shares of MSW traded up $0.14 during trading hours on Wednesday, reaching $0.97. The company’s stock had a trading volume of 54,541 shares, compared to its average volume of 231,265. The company has a 50 day moving average of $1.12 and a two-hundred day moving average of $1.76. Ming Shing Group has a 1-year low of $0.60 and a 1-year high of $8.11.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Ming Shing Group in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Ming Shing Group

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.