Short Interest in Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY) Drops By 16.7%

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Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELYGet Free Report) was the recipient of a significant decline in short interest during the month of February. As of February 29th, there was short interest totalling 500 shares, a decline of 16.7% from the February 14th total of 600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 5.0 days.

Shanghai Electric Group Stock Performance

Shanghai Electric Group stock opened at $3.80 on Friday. Shanghai Electric Group has a 1 year low of $3.50 and a 1 year high of $5.34. The firm’s 50 day moving average price is $3.82 and its two-hundred day moving average price is $4.06.

Shanghai Electric Group Company Profile

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Shanghai Electric Group Co, Ltd. provides industrial grade green intelligent system solutions in Mainland China and internationally. The company…

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