Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Sees Significant Increase in Short Interest

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 2,856 shares, a growth of 80.4% from the June 30th total of 1,583 shares. Based on an average daily trading volume, of 106,580 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Shenzhou International Group to a “hold” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Shenzhou International Group currently has an average rating of “Hold”.

Shenzhou International Group Stock Down 3.7%

Shares of OTCMKTS SHZHY traded down $0.21 during trading hours on Thursday, hitting $5.56. The company’s stock had a trading volume of 104 shares, compared to its average volume of 15,251. Shenzhou International Group has a 12 month low of $4.93 and a 12 month high of $9.40. The business has a 50-day simple moving average of $5.56 and a 200-day simple moving average of $6.56.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited operates as a vertically integrated knitwear manufacturer, providing design, sourcing, knitting, dyeing, cutting and sewing services for major global apparel brands. Founded in 1992 and headquartered in Ningbo, Zhejiang Province, the company has grown from a single factory into one of China’s largest garment producers. Its comprehensive production network encompasses strategic locations throughout eastern and western China, enabling efficient supply chain management and capacity to meet demand across multiple seasons.

The company’s primary offerings include knitted sportswear, casual wear and performance apparel, which it supplies to internationally recognized partners such as Nike, Adidas, Uniqlo and Puma.