Short Interest in Shimao Services Holdings Limited (OTCMKTS:SHMSF) Drops By 49.6%

Shimao Services Holdings Limited (OTCMKTS:SHMSF) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 551,700 shares, a decrease of 49.6% from the March 15th total of 1,095,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 5,517.0 days.

Shimao Services Stock Performance

Shimao Services stock remained flat at $0.12 during mid-day trading on Friday. Shimao Services has a 1-year low of $0.12 and a 1-year high of $0.18. The company has a fifty day moving average price of $0.16 and a 200 day moving average price of $0.17.

Shimao Services Company Profile

Shimao Services Holdings Limited, an investment holding company, provides property management and community living services in the People's Republic of China. The company offers security, cleaning, greening and gardening, repair, and maintenance services to construction, gardening, and other property management companies.