Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Short Interest Update

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) saw a significant increase in short interest in May. As of May 28th, there was short interest totalling 281,800 shares, an increase of 1,519.5% from the May 13th total of 17,400 shares. Based on an average trading volume of 1,906,500 shares, the short-interest ratio is currently 0.1 days.

A number of equities research analysts recently issued reports on SHZHY shares. HSBC upgraded Shenzhou International Group from a “hold” rating to a “buy” rating in a research report on Tuesday, March 30th. DBS Vickers cut Shenzhou International Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 30th.

Shenzhou International Group stock traded down $0.13 during midday trading on Friday, reaching $24.36. The stock had a trading volume of 47,347 shares, compared to its average volume of 271,210. Shenzhou International Group has a 52-week low of $11.04 and a 52-week high of $26.71. The stock has a fifty day simple moving average of $23.22.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited, an investment holding company, engages in manufacturing, processing, and selling knitwear products. It produces and sells sportswear, casual wear, and lingerie wear. The company is also involved in the import and export of commodities; quality check of garments; print and sale of knitwear products; trading and retail businesses; aircraft leasing; and property management and leasing activities.

Further Reading: Catch-Up Contributions

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