Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Short Interest Down 48.3% in March

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 17,200 shares, a drop of 48.3% from the February 29th total of 33,300 shares. Based on an average daily volume of 29,500 shares, the short-interest ratio is presently 0.6 days.

Yue Yuen Industrial Stock Performance

Shares of YUEIY stock opened at $7.21 on Friday. The company has a quick ratio of 1.53, a current ratio of 2.30 and a debt-to-equity ratio of 0.23. Yue Yuen Industrial has a one year low of $4.60 and a one year high of $7.58. The company’s 50-day simple moving average is $5.50 and its 200-day simple moving average is $5.60.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial (Holdings) Limited, an investment holding company, engages in manufacturing and sale of athletic, athleisure, casual, and outdoor footwear in the People's Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, Salomon, and Timberland.