Could ZHUZHOU CRRC TIMES ELECTRIC CO LTD. ORD (OTCMKTS:ZHUZF) Change Direction After More Shorts?

June 16, 2018 - By Stephen Andrade

The stock of ZHUZHOU CRRC TIMES ELECTRIC CO LTD. ORD (OTCMKTS:ZHUZF) registered an increase of 40.54% in short interest. ZHUZF’s total short interest was 3.79M shares in June as published by FINRA. Its up 40.54% from 2.69M shares, reported previously. With 300 shares average volume, it will take short sellers 12623 days to cover their ZHUZF’s short positions. The short interest to ZHUZHOU CRRC TIMES ELECTRIC CO LTD. ORD’s float is 0.69%.

It closed at $5.02 lastly. It is down 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Zhuzhou CRRC Times Electric Co., Ltd., together with its subsidiaries, makes and sells rain-borne electrical systems and electrical components primarily in Mainland China and internationally. The company has market cap of $5.80 billion. The firm researches, develops, makes, and sells locomotive train power converters, control systems, urban railway train electrical systems, and other train-borne electrical systems; and electric components for the railway industry, urban railway industry, and non-railway purposes. It has a 15.64 P/E ratio. The Company’s products include propulsion system for electric and diesel locomotives, high-speed trains, and mass transit, as well as DTECS systems for vehicle control and train communication networks; and ATP system for train over-speed protection and train operation safety management, CBTC signaling systems, track side interlocking systems, and automatic train supervision systems.

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