Shimao Services Holdings Limited (OTCMKTS:SHMSF) Sees Large Decline in Short Interest

Shimao Services Holdings Limited (OTCMKTS:SHMSF) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 1,095,700 shares, a drop of 52.5% from the February 28th total of 2,307,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Shimao Services Stock Performance

Shares of OTCMKTS SHMSF remained flat at $0.12 during trading hours on Friday. Shimao Services has a 52 week low of $0.12 and a 52 week high of $0.18. The firm’s 50 day moving average is $0.17 and its 200-day moving average is $0.18.

About Shimao Services

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.