Zhejiang Expressway Co., Ltd. (OTCMKTS:ZHEXF – Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 472,870 shares, a drop of 55.9% from the July 15th total of 1,072,870 shares. Based on an average daily trading volume, of 2,424 shares, the short-interest ratio is currently 195.1 days.
Zhejiang Expressway Stock Performance
ZHEXF stock opened at $0.79 on Monday. Zhejiang Expressway has a 1-year low of $0.73 and a 1-year high of $1.10. The business has a 50-day moving average price of $0.83 and a 200 day moving average price of $0.89.
About Zhejiang Expressway
Zhejiang Expressway Co, Ltd. is a leading toll road operator and infrastructure developer headquartered in Hangzhou, Zhejiang Province, People’s Republic of China. Since its incorporation in 1997 and subsequent listing on the Hong Kong Stock Exchange, the company has been engaged primarily in the investment, construction, operation and maintenance of high-grade expressways. Its flagship assets include several key highway corridors that serve as vital arteries for passenger and freight traffic across Zhejiang, with connections extending into neighboring provinces such as Jiangsu and Shanghai.
Beyond toll road operations, Zhejiang Expressway has diversified its portfolio by developing ancillary businesses that complement its core infrastructure assets.
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