Zhejiang Expressway Co., Ltd. (OTCMKTS:ZHEXF) Short Interest Down 55.3% in June

Zhejiang Expressway Co., Ltd. (OTCMKTS:ZHEXF) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,654,870 shares, a decline of 55.3% from the May 31st total of 3,704,870 shares. Based on an average daily volume of 855 shares, the short-interest ratio is presently 1,935.5 days.

Zhejiang Expressway Stock Performance

Shares of Zhejiang Expressway stock opened at $0.82 on Monday. Zhejiang Expressway has a twelve month low of $0.76 and a twelve month high of $1.10. The business’s 50 day simple moving average is $0.89 and its 200-day simple moving average is $0.91.

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.