China Railway Group Limited (OTCMKTS:CRWOF) Sees Large Drop in Short Interest

China Railway Group Limited (OTCMKTS:CRWOF) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 427,300 shares, a decline of 21.0% from the August 15th total of 541,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 4,273.0 days.

China Railway Group Price Performance

OTCMKTS CRWOF remained flat at $0.52 on Monday. The company’s 50 day moving average price is $0.62 and its 200 day moving average price is $0.65. China Railway Group has a 1-year low of $0.44 and a 1-year high of $0.78.

China Railway Group Company Profile

China Railway Group Limited, together with its subsidiaries, operates as an integrated construction company in the People's Republic of China, Hong Kong, and Macau. Its Infrastructure Construction segment constructs railways, highways, bridges, tunnels, metropolitan railways, buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.