Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Short Interest Down 47.5% in June

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 8,300 shares, a decline of 47.5% from the May 31st total of 15,800 shares. Based on an average daily trading volume, of 29,100 shares, the days-to-cover ratio is presently 0.3 days.

Shenzhou International Group Price Performance

Shares of SHZHY traded down $0.26 during trading hours on Friday, reaching $9.67. 13,514 shares of the company traded hands, compared to its average volume of 24,261. Shenzhou International Group has a 12-month low of $7.75 and a 12-month high of $11.47. The business has a fifty day moving average price of $10.26 and a 200-day moving average price of $9.49.

Shenzhou International Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, June 6th will be issued a $0.1105 dividend. This is a positive change from Shenzhou International Group’s previous dividend of $0.10. The ex-dividend date of this dividend is Wednesday, June 5th.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited, an investment holding company, engages in the manufacture, printing, and sale of knitwear products in Mainland China, European Union, the United States, Japan, and internationally. It produces and sells knitted sportswear, casual wear, and lingerie wear.