Ming Shing Group Holdings Limited (NASDAQ:MSW) Sees Large Growth in Short Interest

Ming Shing Group Holdings Limited (NASDAQ:MSW) was the target of a large increase in short interest in the month of 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. Based on an average daily trading volume, of 450,251 shares, the short-interest ratio is presently 0.1 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 450,251 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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 data from MarketBeat, Ming Shing Group currently has an average rating of “Sell”.

Ming Shing Group Stock Performance

MSW opened at $1.13 on Friday. Ming Shing Group has a twelve month low of $0.86 and a twelve month high of $8.78. The company has a fifty day moving average of $1.22 and a 200-day moving average of $1.89.

Ming Shing Group Company Profile

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.