Yunhong Green CTI Ltd. (NASDAQ:YHGJ) Sees Large Increase in Short Interest

Yunhong Green CTI Ltd. (NASDAQ:YHGJ) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 26,428 shares, an increase of 498.5% from the October 15th total of 4,416 shares. Currently, 1.8% of the company’s stock are short sold. Based on an average daily volume of 59,940 shares, the short-interest ratio is currently 0.4 days.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Yunhong Green CTI in a research note on Monday, October 19th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, Yunhong Green CTI has a consensus rating of “Sell”.

Yunhong Green CTI Stock Down 7.2%

Shares of NASDAQ:YHGJ opened at $3.35 on Wednesday. The company has a market capitalization of $8.74 million, a price-to-earnings ratio of -3.02 and a beta of 0.47. Yunhong Green CTI has a 52 week low of $2.38 and a 52 week high of $5.60. The firm has a 50 day moving average of $2.83 and a 200 day moving average of $3.04.

About Yunhong Green CTI

Yunhong Green CTI Ltd., formerly known as CTI Industries Corporation, is a consumer products and packaging company. Its business has primarily focused on the manufacture and distribution of foil balloons, latex balloons, balloon accessories and related party products. The company has also been involved in producing flexible packaging materials and specialty packaging products for consumer and commercial applications. Its offerings have included printed and unprinted films, bags and other packaging formats designed for a range of customers and end uses.