China Railway Group Limited (OTCMKTS:CRWOF – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 25,632,737 shares, a growth of 62.8% from the May 14th total of 15,741,972 shares. Based on an average trading volume of 22 shares, the days-to-cover ratio is currently 1,165,124.4 days.
China Railway Group Price Performance
China Railway Group stock opened at $0.41 on Tuesday. China Railway Group has a fifty-two week low of $0.40 and a fifty-two week high of $0.65. The firm has a fifty day moving average price of $0.51 and a two-hundred day moving average price of $0.53.
About China Railway Group
China Railway Group Co, Ltd. (OTCMKTS: CRWOF) is a state-owned enterprise primarily engaged in large-scale construction and engineering projects. The company’s core activities include the design, construction and maintenance of rail transit systems, highways, bridges, tunnels and urban mass-transit infrastructure. In addition to civil engineering, China Railway Group provides comprehensive services in surveying, consulting, project management, and investment and financing solutions for infrastructure development.
Beyond traditional rail and road projects, the company offers water conservancy and environmental protection services, as well as mining engineering and real estate development.
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