Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Sees Significant Decrease in Short Interest

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 100 shares, a decline of 85.7% from the February 13th total of 700 shares. Based on an average daily volume of 3,500 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Yue Yuen Industrial Stock Down 6.1 %

YUEIY stock traded down $0.63 during midday trading on Wednesday, hitting $9.66. The company’s stock had a trading volume of 15,677 shares, compared to its average volume of 2,990. The firm’s 50-day moving average is $10.49 and its 200-day moving average is $10.18. Yue Yuen Industrial has a 12 month low of $5.30 and a 12 month high of $12.49. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.47 and a current ratio of 2.23.

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.