Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) Short Interest Update

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 699 shares, a drop of 43.4% from the August 31st total of 1,234 shares. Based on an average trading volume of 7,870 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Yue Yuen Industrial Trading Down 4.2%

Shares of YUEIY opened at $7.66 on Friday. The stock has a 50-day moving average price of $8.47 and a 200-day moving average price of $9.00. Yue Yuen Industrial has a 12-month low of $7.59 and a 12-month high of $12.61.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial Holdings Limited is a Hong Kong-based footwear manufacturer and a subsidiary of Pou Chen Corporation. The company provides original equipment manufacturing and original design manufacturing services for international athletic, casual, outdoor and sportswear brands.

Its activities include the design, development and production of athletic and casual shoes, as well as shoe soles, components and related materials. Yue Yuen also provides supply-chain, distribution and retail-related services through businesses connected with the footwear and sportswear industries.

Founded in 1988, Yue Yuen has developed a large international manufacturing and production network serving customers in major global markets.