Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Shares Shorted: Short Interest Up 94.7% in October

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 3,846 shares, an increase of 94.7% from the October 15th total of 1,975 shares. Based on an average trading volume of 6,167 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s shares are short sold.

Shenzhou International Group Trading Up 0.9%

Shares of SHZHY traded up $0.05 during mid-day trading on Friday, reaching $5.36. The stock had a trading volume of 335 shares, compared to its average volume of 3,148. Shenzhou International Group has a 52-week low of $4.18 and a 52-week high of $9.40. The business’s fifty day moving average is $4.67 and its 200 day moving average is $5.83.

About Shenzhou International Group

Shenzhou International Group Holdings Limited is a China-based textile and apparel manufacturer specializing in knitted clothing. Its business spans product development, fabric production, dyeing and finishing, garment manufacturing, and sales. The company makes sportswear, casualwear and other knitwear for international apparel brands. Its vertically integrated operations allow it to manage multiple stages of production, from fabric development through finished garments. Founded in 1988, Shenzhou has expanded its manufacturing footprint beyond China, with production operations in countries including Vietnam and Cambodia.