Short Interest in Zhuzhou CRRC Times Electric Co., Ltd. (OTCMKTS:ZHUZY) Rises By 45.5%

Zhuzhou CRRC Times Electric Co., Ltd. (OTCMKTS:ZHUZY) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 64 shares, an increase of 45.5% from the February 12th total of 44 shares. Based on an average daily volume of 321 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 321 shares, the days-to-cover ratio is presently 0.2 days.

Zhuzhou CRRC Times Electric Stock Performance

Shares of ZHUZY opened at C$28.33 on Friday. The company’s 50-day moving average price is C$24.62 and its 200 day moving average price is C$23.27. Zhuzhou CRRC Times Electric has a 12-month low of C$28.33 and a 12-month high of C$30.68.

About Zhuzhou CRRC Times Electric

Zhuzhou CRRC Times Electric Co, Ltd. is a China–based designer and manufacturer of electrical traction equipment for the rail transit industry. As a publicly traded subsidiary of CRRC Corporation Limited, it focuses on the development and production of key propulsion and power‐conversion systems for high‐speed trains, urban rail vehicles, freight locomotives and other rail applications. The company’s product portfolio includes AC traction motors, traction converters, auxiliary power units, transformers and onboard power supply systems.

Since its establishment in 2002 in Zhuzhou, Hunan Province, the company has leveraged research and development capabilities to advance modular and integrated drive solutions.