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

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 49,900 shares, a decline of 89.3% from the August 31st total of 468,400 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 55.4 days.

Yue Yuen Industrial Stock Performance

Yue Yuen Industrial stock opened at $1.75 on Friday. Yue Yuen Industrial has a 1 year low of $0.92 and a 1 year high of $2.10. The firm’s 50-day moving average is $1.59 and its 200-day moving average is $1.60.

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.