Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) Sees Large Increase in Short Interest

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 54,300 shares, a growth of 836.2% from the February 13th total of 5,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Yue Yuen Industrial Stock Performance

Shares of YUEIF opened at $2.26 on Friday. Yue Yuen Industrial has a 52 week low of $0.92 and a 52 week high of $2.26. The business has a 50-day simple moving average of $2.26 and a two-hundred day simple moving average of $2.05.

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.