Ming Shing Group Holdings Limited (NASDAQ:MSW – Get Free Report) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 49,464 shares, an increase of 469.9% from the December 31st total of 8,679 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 450,251 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 450,251 shares, the short-interest ratio is currently 0.1 days. Approximately 0.4% of the shares of the company are short sold.
Ming Shing Group Stock Performance
NASDAQ:MSW opened at $1.31 on Wednesday. The stock’s fifty day moving average is $1.23 and its two-hundred day moving average is $1.90. Ming Shing Group has a 52 week low of $0.86 and a 52 week high of $8.78.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Ming Shing Group in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently 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.
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