Short Interest in Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Declines By 84.6%

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 1,400 shares, a drop of 84.6% from the December 15th total of 9,100 shares. Based on an average daily trading volume, of 5,500 shares, the short-interest ratio is currently 0.3 days.

Yue Yuen Industrial Stock Down 8.0 %

OTCMKTS YUEIY traded down $0.87 during trading on Tuesday, reaching $10.08. 1,715 shares of the company’s stock were exchanged, compared to its average volume of 2,916. The company has a 50 day moving average price of $10.97 and a two-hundred day moving average price of $9.56. Yue Yuen Industrial has a 1 year low of $4.60 and a 1 year high of $12.49.

About Yue Yuen Industrial

Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells athletic, athleisure, casual, and outdoor footwear in the People’s Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, Salomon, and Timberland.