Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) Sees Large Increase in Short Interest

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 1,234 shares, an increase of ∞ from the August 15th total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,031 shares, the days-to-cover ratio is currently 0.6 days.

Yue Yuen Industrial Trading Down 6.8%

YUEIY stock opened at $7.85 on Thursday. Yue Yuen Industrial has a 1 year low of $7.69 and a 1 year high of $12.61. The company has a quick ratio of 1.37, a current ratio of 2.12 and a debt-to-equity ratio of 0.08. The business’s 50-day moving average is $8.62 and its two-hundred day moving average is $9.28.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial Holdings Limited is a Hong Kong-based manufacturer of athletic and casual footwear and related products. The company primarily operates as an original equipment manufacturer and original design manufacturer, producing shoes and footwear components for many of the world’s leading sportswear and lifestyle brands.

Its products and capabilities include athletic shoes, casual shoes, shoe soles, uppers and other footwear components. Yue Yuen also provides research, development, design, engineering, production and supply-chain services.