361 Degrees International Limited (OTCMKTS:TSIOF) Sees Significant Drop in Short Interest

361 Degrees International Limited (OTCMKTS:TSIOF) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 49,000 shares, a drop of 72.3% from the November 30th total of 177,000 shares. Based on an average daily volume of 71 shares, the days-to-cover ratio is presently 690.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 71 shares, the days-to-cover ratio is presently 690.1 days.

361 Degrees International Stock Performance

Shares of OTCMKTS TSIOF traded down $0.05 during mid-day trading on Friday, reaching $0.75. The company had a trading volume of 200 shares, compared to its average volume of 20. 361 Degrees International has a 52 week low of $0.47 and a 52 week high of $0.86. The business’s 50-day moving average is $0.78 and its 200-day moving average is $0.73. The company has a current ratio of 3.77, a quick ratio of 3.21 and a debt-to-equity ratio of 0.02.

About 361 Degrees International

361 Degrees International Limited (OTCMKTS:TSIOF) is a Chinese sportswear company best known for its 361° brand of athletic footwear, apparel and accessories. Founded in 2003 and headquartered in Quanzhou, Fujian Province, the company has grown into one of China’s leading mid-tier sportswear manufacturers, operating an extensive network of retail outlets and e-commerce platforms across the country.

The company’s product portfolio spans running shoes, basketball shoes, fitness and outdoor footwear, as well as performance apparel and lifestyle accessories.