Short Interest in Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) Decreases By 86.5%

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 511,100 shares, a drop of 86.5% from the March 15th total of 3,775,100 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is presently 269.0 days.

Yue Yuen Industrial Stock Performance

OTCMKTS YUEIF opened at $1.65 on Wednesday. Yue Yuen Industrial has a 12 month low of $1.33 and a 12 month high of $2.26. The company’s 50 day moving average is $2.01 and its two-hundred day moving average is $2.08.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells 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.