Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) Stock Short Interest Rises 2,639.4%

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 17,368 shares, a growth of 2,639.4% from the October 15th total of 634 shares. Based on an average daily trading volume, of 3,668 shares, the short-interest ratio is presently 4.7 days. Approximately 0.0% of the company’s shares are sold short.

Yue Yuen Industrial Stock Performance

YUEIY traded down $0.17 on Wednesday, hitting $8.37. The company had a trading volume of 110 shares, compared to its average volume of 4,755. Yue Yuen Industrial has a 52-week low of $7.45 and a 52-week high of $12.61. The stock has a fifty day simple moving average of $8.38 and a 200-day simple moving average of $9.38.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial (Holdings) is a footwear manufacturer and supplier serving international athletic and casual footwear brands. The company produces finished shoes and related components, and provides product development and manufacturing services to brand customers. Founded in 1988, Yue Yuen is part of the Pou Chen Group. Its manufacturing operations are based primarily in Asia, and its products are supplied to markets around the world. Through its subsidiary Pou Sheng International, Yue Yuen also operates a retail business focused on sporting goods and apparel, particularly in mainland China.