Short Interest in Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Increases By 20.0%

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totalling 600 shares, an increase of 20.0% from the July 15th total of 500 shares. Based on an average trading volume of 3,800 shares, the days-to-cover ratio is currently 0.2 days.

Yue Yuen Industrial Trading Up 5.7 %

Shares of OTCMKTS:YUEIY opened at $8.73 on Friday. The company has a current ratio of 1.91, a quick ratio of 1.28 and a debt-to-equity ratio of 0.11. Yue Yuen Industrial has a 52-week low of $4.60 and a 52-week high of $10.25. The business’s 50 day simple moving average is $8.57 and its two-hundred day simple moving average is $7.68.

Yue Yuen Industrial Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, October 21st. Investors of record on Tuesday, September 10th will be given a $0.2065 dividend. The ex-dividend date of this dividend is Tuesday, September 10th.

About Yue Yuen Industrial

Yue Yuen Industrial (Holdings) Limited, an investment holding company, engages in manufacturing and sale of athletic, athleisure, casual, and outdoor footwear in the People's Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, Salomon, and Timberland.