Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Sees Significant Increase in Short Interest

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the target of a large increase in short interest in May. As of May 15th, there was short interest totalling 40,300 shares, an increase of 91.9% from the April 30th total of 21,000 shares. Based on an average daily trading volume, of 8,900 shares, the days-to-cover ratio is currently 4.5 days.

Shenzhou International Group Stock Down 3.7%

Shares of SHZHY opened at $7.08 on Monday. Shenzhou International Group has a 1 year low of $5.52 and a 1 year high of $10.93. The company has a 50 day simple moving average of $6.89 and a two-hundred day simple moving average of $7.33.

About Shenzhou International Group

Shenzhou International Group Holdings Limited, an investment holding company, engages in the manufacture, printing, and sale of knitwear products in Mainland China, European Union, the United States, Japan, and internationally. It produces and sells knitted sportswear, casual wear, and lingerie wear.