Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Short Interest Update

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 4,300 shares, an increase of 4,200.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 23,400 shares, the days-to-cover ratio is currently 0.2 days.

Yue Yuen Industrial Stock Performance

Shares of YUEIY stock opened at $5.69 on Friday. Yue Yuen Industrial has a fifty-two week low of $5.34 and a fifty-two week high of $8.43. The business has a fifty day simple moving average of $5.85 and a 200-day simple moving average of $6.44. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 2.30.

Yue Yuen Industrial Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, October 23rd. Investors of record on Tuesday, September 12th were paid a dividend of $0.1126 per share. The ex-dividend date of this dividend was Monday, September 11th.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial (Holdings) Limited, an investment holding company, engages in manufacturing and sale of 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.