Short Interest in Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Declines By 42.1%

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 4,892 shares, a drop of 42.1% from the April 30th total of 8,446 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 17,011 shares, the short-interest ratio is presently 0.3 days.

Shenzhou International Group Trading Down 0.5%

OTCMKTS:SHZHY opened at $6.24 on Wednesday. Shenzhou International Group has a one year low of $5.70 and a one year high of $9.40. The company has a fifty day moving average price of $6.11 and a 200 day moving average price of $7.41.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Shenzhou International Group to a “hold” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited operates as a vertically integrated knitwear manufacturer, providing design, sourcing, knitting, dyeing, cutting and sewing services for major global apparel brands. Founded in 1992 and headquartered in Ningbo, Zhejiang Province, the company has grown from a single factory into one of China’s largest garment producers. Its comprehensive production network encompasses strategic locations throughout eastern and western China, enabling efficient supply chain management and capacity to meet demand across multiple seasons.

The company’s primary offerings include knitted sportswear, casual wear and performance apparel, which it supplies to internationally recognized partners such as Nike, Adidas, Uniqlo and Puma.