Guangshen Railway Company Limited (OTCMKTS:GNGYF) Sees Large Growth in Short Interest
by Scott Moore · The Cerbat GemGuangshen Railway Company Limited (OTCMKTS:GNGYF – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 2,000 shares. Based on an average daily volume of 18,336 shares, the days-to-cover ratio is currently 0.1 days.
Guangshen Railway Price Performance
Shares of GNGYF remained flat at $0.26 during trading hours on Friday. Guangshen Railway has a 12-month low of $0.23 and a 12-month high of $0.32. The business has a 50-day moving average of $0.28 and a 200 day moving average of $0.26.
About Guangshen Railway
Guangshen Railway Company Limited is a China-based railway transportation company that operates passenger and freight services primarily in Guangdong Province. Its activities include railway passenger transportation, freight transportation, railway network usage services, and related transportation operations.
The company’s core network serves the Pearl River Delta, connecting major cities including Guangzhou and Shenzhen and supporting transportation links toward Hong Kong and other destinations in southern China.
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