Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY) Short Interest Up 20.0% in March

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 1,200 shares, a growth of 20.0% from the February 28th total of 1,000 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 1.7 days.

Zhongsheng Group Stock Performance

ZSHGY stock opened at $19.30 on Friday. The firm’s fifty day moving average is $17.34 and its 200 day moving average is $17.62. Zhongsheng Group has a one year low of $10.99 and a one year high of $22.69.

Zhongsheng Group Company Profile

Zhongsheng Group Holdings Limited, an investment holding company, engages in the sale and service of motor vehicles in the People's Republic of China. The company operates 4S dealerships for various automobile brands consisting of luxury automobile brands, including Mercedes-Benz, Lexus, BMW, Audi, Jaguar Land Rover, Porsche, and Volvo; and mid-to-high end automobile brands, such as Toyota, Honda, and Nissan.