Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) Sees Significant Growth in Short Interest

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 174,600 shares, an increase of 598.4% from the October 31st total of 25,000 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is presently 39.7 days.

Yue Yuen Industrial Price Performance

Shares of YUEIF stock traded up $0.04 during trading hours on Thursday, hitting $2.20. 600 shares of the company’s stock traded hands, compared to its average volume of 10,389. The stock’s 50 day simple moving average is $1.94 and its 200 day simple moving average is $1.81. Yue Yuen Industrial has a 12 month low of $0.92 and a 12 month high of $2.20.

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.