Short Interest in Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Drops By 84.6%

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 1,400 shares, a decrease of 84.6% from the December 31st total of 9,100 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is currently 0.3 days.

Yue Yuen Industrial Trading Down 5.2 %

Shares of OTCMKTS:YUEIY opened at $10.81 on Thursday. The firm’s 50 day moving average price is $11.01 and its 200-day moving average price is $9.68. Yue Yuen Industrial has a twelve month low of $4.60 and a twelve month high of $12.49.

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.