Shenzhen Investment Holdings Bay Area Development Company Limited (OTCMKTS:SIHBY) Sees Large Growth in Short Interest

Shenzhen Investment Holdings Bay Area Development Company Limited (OTCMKTS:SIHBY) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 700 shares, an increase of 40.0% from the October 31st total of 500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 7.0 days.

Shenzhen Investment Holdings Bay Area Development Price Performance

Shares of OTCMKTS:SIHBY remained flat at $2.62 during mid-day trading on Friday. 1 shares of the stock were exchanged, compared to its average volume of 41. The firm’s fifty day simple moving average is $2.42 and its two-hundred day simple moving average is $2.14. Shenzhen Investment Holdings Bay Area Development has a 52 week low of $1.33 and a 52 week high of $2.99. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.47 and a current ratio of 0.47.

About Shenzhen Investment Holdings Bay Area Development

Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, initiates, promotes, develops, and operates toll expressways and bridges in the People’s Republic of China. The company operates through Coastal Expressway (Shenzhen Section), GS Superhighway, GZ West Superhighway, and Xintang Interchange segments.