Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) Sees Significant Growth in Short Interest

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 3,775,100 shares, a growth of 6,852.3% from the February 28th total of 54,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Yue Yuen Industrial Stock Up 0.9 %

OTCMKTS:YUEIF traded up $0.02 during mid-day trading on Wednesday, reaching $1.62. The company’s stock had a trading volume of 6,928 shares, compared to its average volume of 4,464. The company’s fifty day simple moving average is $2.22 and its two-hundred day simple moving average is $2.09. Yue Yuen Industrial has a twelve month low of $1.33 and a twelve month high of $2.26.

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.