Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) Stock Short Interest Falls 57.2%

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 2,051,850 shares, a decrease of 57.2% from the September 15th total of 4,791,493 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Yue Yuen Industrial Stock Performance

YUEIF stock opened at $1.75 on Thursday. The firm has a 50 day simple moving average of $1.80 and a 200 day simple moving average of $1.80. Yue Yuen Industrial has a 52 week low of $1.46 and a 52 week high of $2.21.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial Holdings Limited is a Hong Kong-based footwear manufacturer and investment holding company. The company primarily produces athletic and casual footwear, along with footwear components such as soles and other related products, for international sportswear and lifestyle brands. Its manufacturing operations generally support customers on an original equipment manufacturing and original design manufacturing basis.

Yue Yuen is part of the wider Pou Chen group and has developed production capabilities across Asia, including facilities in mainland China and Southeast Asia.