Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Sees Significant Decline in Short Interest

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 1,400 shares, a decrease of 84.6% from the December 15th total of 9,100 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is currently 0.3 days.

Yue Yuen Industrial Stock Up 0.7 %

YUEIY traded up $0.08 during trading on Monday, hitting $10.95. The company’s stock had a trading volume of 8,340 shares, compared to its average volume of 3,123. The business’s fifty day simple moving average is $10.97 and its 200 day simple moving average is $9.56. Yue Yuen Industrial has a twelve month low of $4.60 and a twelve month high of $12.49.

About Yue Yuen Industrial

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.