Highway Holdings Limited (NASDAQ:HIHO) Short Interest Update

Highway Holdings Limited (NASDAQ:HIHO) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 2,600 shares, an increase of 188.9% from the June 30th total of 900 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 6,400 shares, the short-interest ratio is presently 0.4 days.

Highway Stock Down 2.1 %

Shares of NASDAQ HIHO traded down $0.04 on Friday, hitting $1.87. The company had a trading volume of 16,538 shares, compared to its average volume of 13,398. The firm has a market capitalization of $8.23 million, a P/E ratio of -7.79 and a beta of 0.07. Highway has a 12-month low of $1.83 and a 12-month high of $2.36. The business has a 50 day moving average of $2.09 and a two-hundred day moving average of $2.09.

Highway (NASDAQ:HIHO) last issued its quarterly earnings data on Friday, July 19th. The industrial products company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $1.42 million during the quarter. Highway had a negative net margin of 12.26% and a negative return on equity of 1.93%.

Highway Company Profile

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.