Guangzhou R&F Properties Co., Ltd. (OTCMKTS:GZUHY) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 400 shares, an increase of 33.3% from the August 15th total of 300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4.0 days.
GZUHY has been the topic of several research analyst reports. JPMorgan Chase & Co. downgraded Guangzhou R&F Properties from a “neutral” rating to an “underweight” rating in a research note on Wednesday, July 21st. The Goldman Sachs Group downgraded Guangzhou R&F Properties from a “neutral” rating to a “sell” rating in a research note on Thursday, May 27th.
Shares of GZUHY opened at $12.25 on Wednesday. Guangzhou R&F Properties has a 52 week low of $11.26 and a 52 week high of $26.05. The stock’s 50-day moving average price is $19.08 and its 200-day moving average price is $22.94.
About Guangzhou R&F Properties
Guangzhou R&F Properties Co, Ltd., together with its subsidiaries, engages in the development and sale of residential and commercial properties in the People's Republic of China, Malaysia, Cambodia, Korea, the United Kingdom, and Australia. The company invests in and develops various properties, including hotels, office buildings, shopping malls, logistic parks, and other retail properties in Beijing, Guangzhou, and other cities.
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