Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Sees Large Decrease in Short Interest

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,789 shares, a decline of 65.0% from the May 31st total of 5,117 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 72,501 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Shenzhou International Group to a “hold” rating in a research note on Monday, April 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Shenzhou International Group Stock Performance

Shenzhou International Group stock traded down $0.01 during mid-day trading on Friday, reaching $5.29. The company’s stock had a trading volume of 1,691 shares, compared to its average volume of 13,024. The business has a 50 day moving average price of $5.83 and a 200-day moving average price of $6.98. Shenzhou International Group has a twelve month low of $4.97 and a twelve month high of $9.40.

About Shenzhou International Group

Shenzhou International Group Holdings Limited operates as a vertically integrated knitwear manufacturer, providing design, sourcing, knitting, dyeing, cutting and sewing services for major global apparel brands. Founded in 1992 and headquartered in Ningbo, Zhejiang Province, the company has grown from a single factory into one of China’s largest garment producers. Its comprehensive production network encompasses strategic locations throughout eastern and western China, enabling efficient supply chain management and capacity to meet demand across multiple seasons.

The company’s primary offerings include knitted sportswear, casual wear and performance apparel, which it supplies to internationally recognized partners such as Nike, Adidas, Uniqlo and Puma.