China Youzan Limited (OTCMKTS:CHNVF) Sees Large Increase in Short Interest

China Youzan Limited (OTCMKTS:CHNVF) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 120,000 shares, a growth of ? from the July 15th total of 0 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

China Youzan Price Performance

CHNVF stock remained flat at C$0.13 during trading on Friday. China Youzan has a 1 year low of C$0.02 and a 1 year high of C$0.13. The company has a 50 day moving average of C$0.13 and a 200-day moving average of C$0.06.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Diversify Advisory Services LLC acquired a new position in shares of China Youzan in the 2nd quarter worth approximately $3,593,000. BlackRock Inc. bought a new position in China Youzan in the 2nd quarter valued at $8,352,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in China Youzan in the 2nd quarter valued at $14,626,000. Finally, Serenity Capital Management PTE. LTD. acquired a new position in China Youzan in the second quarter worth $16,457,623,000.

About China Youzan

China Youzan (OTCMKTS: CHNVF) is a Hangzhou-based e-commerce software-as-a-service (SaaS) provider that offers a comprehensive suite of digital storefront, payment and marketing tools for merchants. The company’s core platform enables retailers and individual merchants to quickly launch online stores, manage inventory, process orders and integrate with popular social media and messaging apps. By focusing on end-to-end store operations and customer engagement, Youzan empowers small and medium-sized businesses to establish and grow their e-commerce presence without heavy upfront technology investments.

Youzan’s product portfolio spans online store creation, mobile micro-stores on platforms such as WeChat, customer relationship management, data analytics and targeted marketing campaigns.