Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) Short Interest Update

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,900 shares, a growth of 52.6% from the August 15th total of 1,900 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 3,900 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 3,900 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are short sold.

Yue Yuen Industrial Stock Down 4.1%

Shares of OTCMKTS:YUEIY opened at $8.60 on Monday. The business’s 50-day moving average is $8.27 and its 200-day moving average is $7.90. Yue Yuen Industrial has a 1 year low of $6.22 and a 1 year high of $12.49. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.14 and a quick ratio of 1.42.

Yue Yuen Industrial Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 24th. Shareholders of record on Tuesday, September 16th will be issued a dividend of $0.2046 per share. This represents a yield of 849.0%. The ex-dividend date of this dividend is Monday, September 15th.

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.