Yangzijiang Financial Holding Ltd. (OTCMKTS:YNGFF) Sees Large Increase in Short Interest

Yangzijiang Financial Holding Ltd. (OTCMKTS:YNGFFGet Free Report) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totaling 9,172,600 shares, an increase of 71.8% from the March 15th total of 5,340,500 shares. Based on an average trading volume of 23,333 shares, the days-to-cover ratio is currently 393.1 days.

Yangzijiang Financial Stock Performance

Shares of Yangzijiang Financial stock opened at $0.20 on Monday. The stock has a fifty day simple moving average of $0.26 and a 200 day simple moving average of $0.44. Yangzijiang Financial has a 12-month low of $0.19 and a 12-month high of $0.95.

About Yangzijiang Financial

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Yangzijiang Financial Holdings Ltd is a Singapore‐incorporated financial services group and a subsidiary of Yangzijiang Shipbuilding (Holdings) Ltd. Established in 2018, the company leverages the industrial expertise and asset base of its parent to provide tailored financing solutions. Its Singapore headquarters anchor a regional network that supports clients across Asia, with growing ties into select European markets.

The company’s core offerings center on financial leasing and structured asset finance.

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