Shimao Services Holdings Limited (OTCMKTS:SHMSF) Short Interest Down 49.6% in March

Shimao Services Holdings Limited (OTCMKTS:SHMSF) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 551,700 shares, a decline of 49.6% from the March 15th total of 1,095,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 5,517.0 days.

Shimao Services Price Performance

Shares of OTCMKTS:SHMSF remained flat at $0.12 on Wednesday. Shimao Services has a twelve month low of $0.12 and a twelve month high of $0.18. The business’s fifty day simple moving average is $0.16 and its 200 day simple moving average is $0.17.

Shimao Services Company Profile

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.