Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Stock Short Interest Jumps 289.5%

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 1,975 shares, a growth of 289.5% from the September 30th total of 507 shares. Based on an average daily trading volume, of 9,716 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Shenzhou International Group Price Performance

OTCMKTS SHZHY remained flat at $4.93 during trading hours on Wednesday. The company’s stock had a trading volume of 889 shares. The company’s 50 day moving average is $4.62 and its 200 day moving average is $6.01. Shenzhou International Group has a fifty-two week low of $4.18 and a fifty-two week high of $9.40.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited is a China-based textile and apparel manufacturer. The company operates an integrated business that includes the development and production of knitted fabrics, dyeing and finishing, and the manufacture of finished garments.

Its products include sportswear, casualwear, underwear and other knitted apparel. Shenzhou supplies clothing and textile products to international sportswear and fashion brands, generally serving as an original equipment manufacturer and production partner rather than selling primarily under its own consumer brand.

Founded in 1997, the company is headquartered in Ningbo, Zhejiang Province, China.