Yunhong Green CTI Ltd. (NASDAQ:YHGJ) Shares Shorted: Short Interest Up 498.5% in October

Yunhong Green CTI Ltd. (NASDAQ:YHGJ) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 26,428 shares, an increase of 498.5% from the October 15th total of 4,416 shares. Currently, 1.8% of the shares of the company are short sold. Based on an average trading volume of 59,940 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Yunhong Green CTI in a research note on Monday, October 19th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Yunhong Green CTI has an average rating of “Sell”.

Yunhong Green CTI Price Performance

Shares of NASDAQ YHGJ opened at $3.46 on Friday. Yunhong Green CTI has a one year low of $2.38 and a one year high of $5.43. The business’s fifty day moving average price is $2.85 and its 200-day moving average price is $3.04. The stock has a market capitalization of $9.03 million, a PE ratio of -3.12 and a beta of 0.47.

Yunhong Green CTI Company Profile

Yunhong Green CTI Ltd., formerly known as CTI Industries Corporation, is a consumer products and packaging company. Its business has primarily focused on the manufacture and distribution of foil balloons, latex balloons, balloon accessories and related party products. The company has also been involved in producing flexible packaging materials and specialty packaging products for consumer and commercial applications. Its offerings have included printed and unprinted films, bags and other packaging formats designed for a range of customers and end uses.