Short Interest in China Youzan Limited (OTCMKTS:CHNVF) Drops By 76.8%

China Youzan Limited (OTCMKTS:CHNVF) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 564,000 shares, a decrease of 76.8% from the September 30th total of 2,436,000 shares. Based on an average daily trading volume, of 8,700 shares, the short-interest ratio is presently 64.8 days.

China Youzan Stock Performance

Shares of OTCMKTS CHNVF remained flat at C$0.01 during trading hours on Friday. China Youzan has a 1 year low of C$0.01 and a 1 year high of C$0.02. The firm has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01.

China Youzan Company Profile

China Youzan Limited, an investment holding company, provides online and offline e-commerce solutions in the People's Republic of China, Japan, and Canada. It operates through three segments: Third Party Payment Services, Merchant Services, and Other. The company offers third party payment and related consultancy services; and an e-commerce platform with various Software as a Service (Saas) products and services.