Highway Holdings Limited (NASDAQ:HIHO) Short Interest Update

Highway Holdings Limited (NASDAQ:HIHO) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 200 shares, a decrease of 92.3% from the July 15th total of 2,600 shares. Based on an average trading volume of 6,700 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Highway Trading Up 0.8 %

NASDAQ HIHO traded up $0.02 on Wednesday, hitting $1.83. 12,733 shares of the company’s stock were exchanged, compared to its average volume of 6,877. The stock has a 50-day moving average of $2.01 and a 200-day moving average of $2.07. The stock has a market cap of $8.04 million, a price-to-earnings ratio of -7.63 and a beta of 0.07. Highway has a 52 week low of $1.73 and a 52 week high of $2.36.

Highway (NASDAQ:HIHO) last posted its quarterly earnings results on Thursday, August 1st. The industrial products company reported $0.02 EPS for the quarter. The company had revenue of $1.88 million during the quarter. Highway had a positive return on equity of 3.97% and a negative net margin of 6.52%.

About Highway

Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM.