Short Interest in Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Increases By 400.0%

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) saw a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 2,000 shares, a growth of 400.0% from the May 15th total of 400 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Yue Yuen Industrial Trading Down 2.5%

YUEIY opened at $7.17 on Friday. The business’s 50-day moving average is $7.29 and its two-hundred day moving average is $9.22. Yue Yuen Industrial has a 1 year low of $6.22 and a 1 year high of $12.49. The company has a current ratio of 2.23, a quick ratio of 1.47 and a debt-to-equity ratio of 0.14.

Yue Yuen Industrial Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Monday, June 9th will be paid a $0.5074 dividend. This represents a yield of 9.63%. The ex-dividend date of this dividend is Friday, June 6th. This is a positive change from Yue Yuen Industrial’s previous dividend of $0.21.

Yue Yuen Industrial Company Profile

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.