Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Sees Large Drop in Short Interest

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 700 shares, a decline of 46.2% from the January 31st total of 1,300 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is currently 0.4 days.

Yue Yuen Industrial Stock Up 0.5 %

Shares of Yue Yuen Industrial stock opened at $10.38 on Friday. The stock’s 50-day simple moving average is $10.65 and its 200-day simple moving average is $10.09. Yue Yuen Industrial has a 52 week low of $4.95 and a 52 week high of $12.49. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.47 and a current ratio of 2.23.

About Yue Yuen Industrial

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.