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

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) saw a large drop in short interest in May. As of May 15th, there was short interest totalling 400 shares, a drop of 82.6% from the April 30th total of 2,300 shares. Based on an average daily volume of 16,500 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Yue Yuen Industrial Price Performance

OTCMKTS:YUEIY opened at $7.47 on Thursday. Yue Yuen Industrial has a twelve month low of $6.22 and a twelve month high of $12.49. The company’s 50-day moving average price is $7.42 and its 200-day moving average price is $9.46. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.23 and a quick ratio of 1.47.

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.