Could Ehi Car Services Limited (NYSE:EHIC) See a Reversal After Less Sellers Came In?

September 13, 2017 - By Kurt Siggers

 Could Ehi Car Services Limited (NYSE:EHIC) See a Reversal After Less Sellers Came In?

The stock of Ehi Car Services Limited (NYSE:EHIC) registered a decrease of 2.57% in short interest. EHIC’s total short interest was 986,200 shares in September as published by FINRA. Its down 2.57% from 1.01M shares, reported previously. With 47,900 shares average volume, it will take short sellers 21 days to cover their EHIC’s short positions.

About 57,846 shares traded. Ehi Car Services Ltd (ADR) (NYSE:EHIC) has risen 1.84% since September 13, 2016 and is uptrending. It has underperformed by 14.86% the S&P500.

eHi Car Services Limited, formerly Prudent Choice International Limited, is a holding company. The company has market cap of $687.23 million. The Firm is engaged in car rentals and car services. It has a 46.44 P/E ratio. The Firm provides self-drive car rental services to both individual customers, as well as corporate and institutional clients to meet travel, leisure, business and ground transportation needs.

More notable recent Ehi Car Services Ltd (ADR) (NYSE:EHIC) news were published by: Quotes.Wsj.com which released: “eHi Car Services Ltd. ADR” on November 08, 2014, also Benzinga.com with their article: “Earnings Scheduled For August 28, 2017” published on August 28, 2017, Marketwatch.com published: “9.53” on November 14, 2014. More interesting news about Ehi Car Services Ltd (ADR) (NYSE:EHIC) were released by: Benzinga.com and their article: “Earnings Scheduled For June 5, 2017” published on June 05, 2017 as well as Seekingalpha.com‘s news article titled: “eHi Car Services’ (EHIC) CEO Ray Zhang on Q4 2016 Results – Earnings Call …” with publication date: March 23, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.