Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Sees Significant Increase in Short Interest

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,300 shares, an increase of 116.7% from the January 15th total of 600 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 0.3 days.

Yue Yuen Industrial Trading Up 6.8 %

Shares of OTCMKTS:YUEIY opened at $10.30 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.47 and a current ratio of 2.23. The company’s fifty day moving average is $10.98 and its 200-day moving average is $9.88. Yue Yuen Industrial has a 52 week low of $4.68 and a 52 week high of $12.49.

About Yue Yuen Industrial

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.