Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 17,368 shares, an increase of 2,639.4% from the October 15th total of 634 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,668 shares, the days-to-cover ratio is currently 4.7 days.
Yue Yuen Industrial Price Performance
OTCMKTS YUEIY remained flat at $8.54 on Tuesday. The company’s stock had a trading volume of 318 shares, compared to its average volume of 4,613. The stock’s fifty day moving average is $8.38 and its two-hundred day moving average is $9.38. Yue Yuen Industrial has a 52-week low of $7.45 and a 52-week high of $12.61.
About Yue Yuen Industrial
Yue Yuen Industrial (Holdings) is a footwear manufacturer and supplier serving international athletic and casual footwear brands. The company produces finished shoes and related components, and provides product development and manufacturing services to brand customers. Founded in 1988, Yue Yuen is part of the Pou Chen Group. Its manufacturing operations are based primarily in Asia, and its products are supplied to markets around the world. Through its subsidiary Pou Sheng International, Yue Yuen also operates a retail business focused on sporting goods and apparel, particularly in mainland China.
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