Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) Sees Large Drop in Short Interest

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 8,900 shares, a decline of 93.3% from the December 31st total of 133,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Yue Yuen Industrial Price Performance

Shares of Yue Yuen Industrial stock remained flat at $2.26 during trading on Thursday. The company’s 50-day moving average is $2.23 and its 200-day moving average is $1.92. Yue Yuen Industrial has a 52-week low of $0.92 and a 52-week high of $2.26.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells 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.