Ming Shing Group Holdings Limited (NASDAQ:MSW) Short Interest Update

Ming Shing Group Holdings Limited (NASDAQ:MSW) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 20,275 shares, an increase of 44.2% from the February 26th total of 14,058 shares. Based on an average daily trading volume, of 111,499 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ming Shing Group in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Ming Shing Group has a consensus rating of “Sell”.

Ming Shing Group Stock Up 2.0%

MSW stock traded up $0.02 during midday trading on Friday, hitting $0.94. The company’s stock had a trading volume of 4,867 shares, compared to its average volume of 73,700. Ming Shing Group has a twelve month low of $0.60 and a twelve month high of $8.11. The company’s fifty day moving average price is $1.10 and its 200 day moving average price is $1.58.

Ming Shing Group (NASDAQ:MSW) last posted its quarterly earnings data on Friday, March 20th. The company reported ($0.14) EPS for the quarter. The firm had revenue of $4.22 million for the quarter.

About Ming Shing Group

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.