Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) Sees Significant Growth in Short Interest

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 174,600 shares, a growth of 598.4% from the October 31st total of 25,000 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 39.7 days.

Yue Yuen Industrial Price Performance

YUEIF opened at $2.20 on Friday. The business has a fifty day moving average price of $1.95 and a 200 day moving average price of $1.82. Yue Yuen Industrial has a 12 month low of $0.92 and a 12 month high of $2.20.

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.