PowerShares Golden Dragon China ETF (PGJ) Forms $45.06 Double Top; ZHEJIANG EXPRESSWAY (ZHEXF) Shorts Increased By 62.83%

PowerShares Golden Dragon China ETF (PGJ) formed double top with $49.12 target or 9.00% above today’s $45.06 share price. PowerShares Golden Dragon China ETF (PGJ) has $230.60 million valuation. The ETF decreased 0.35% or $0.16 during the last trading session, reaching $45.06. About 7,509 shares traded. PowerShares Golden Dragon China ETF (NASDAQ:PGJ) has risen 39.62% since December 24, 2016 and is uptrending. It has outperformed by 22.92% the S&P500.

ZHEJIANG EXPRESSWAY (OTCMKTS:ZHEXF) had an increase of 62.83% in short interest. ZHEXF’s SI was 62,200 shares in December as released by FINRA. Its up 62.83% from 38,200 shares previously. With 100 avg volume, 622 days are for ZHEJIANG EXPRESSWAY (OTCMKTS:ZHEXF)’s short sellers to cover ZHEXF’s short positions. It closed at $1.2 lastly. It is down 0.00% since December 24, 2016 and is . It has underperformed by 16.70% the S&P500.

Zhejiang Expressway Co., Ltd., an investment holding company, invests in, develops, operates, maintains, and manages high grade roads in the PeopleÂ’s Republic of China. The company has market cap of $4.90 billion. The firm operates through Toll Operation, Securities Operation, and Other Operation divisions. It has a 10.62 P/E ratio. The Toll Operation segment engages in the operation and management of high grade roads; and the collection of the expressway tolls.