Short Interest in Ming Shing Group Holdings Limited (NASDAQ:MSW) Declines By 46.6%

Ming Shing Group Holdings Limited (NASDAQ:MSW) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 10,820 shares, a decrease of 46.6% from the March 15th total of 20,275 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 15,703 shares, the days-to-cover ratio is currently 0.7 days.

Ming Shing Group Stock Performance

Ming Shing Group stock traded down $0.05 during mid-day trading on Monday, hitting $1.02. The company’s stock had a trading volume of 4,449 shares, compared to its average volume of 15,198. The company has a 50 day moving average of $1.06 and a 200-day moving average of $1.44. Ming Shing Group has a one year low of $0.60 and a one year high of $8.11.

Ming Shing Group (NASDAQ:MSW) last announced its quarterly earnings data on Friday, March 20th. The company reported ($0.14) EPS for the quarter. The business had revenue of $4.22 million during the quarter.

Analyst Ratings Changes

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