Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Sees Significant Increase in Short Interest

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 3,846 shares, an increase of 94.7% from the October 15th total of 1,975 shares. Based on an average trading volume of 6,167 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the company’s shares are short sold.

Shenzhou International Group Stock Performance

Shenzhou International Group stock traded up $0.05 during midday trading on Friday, reaching $5.36. 335 shares of the stock traded hands, compared to its average volume of 3,148. The company has a 50-day simple moving average of $4.67 and a two-hundred day simple moving average of $5.83. Shenzhou International Group has a 12-month low of $4.18 and a 12-month high of $9.40.

About Shenzhou International Group

Shenzhou International Group Holdings Limited is a China-based textile and apparel manufacturer specializing in knitted clothing. Its business spans product development, fabric production, dyeing and finishing, garment manufacturing, and sales. The company makes sportswear, casualwear and other knitwear for international apparel brands. Its vertically integrated operations allow it to manage multiple stages of production, from fabric development through finished garments. Founded in 1988, Shenzhou has expanded its manufacturing footprint beyond China, with production operations in countries including Vietnam and Cambodia.