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

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,892 shares, a decrease of 42.1% from the April 30th total of 8,446 shares. Based on an average daily volume of 17,011 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Shenzhou International Group to a “hold” rating in a report on Monday, April 13th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Shenzhou International Group Stock Performance

Shares of SHZHY stock remained flat at $6.27 during mid-day trading on Tuesday. 6,546 shares of the stock were exchanged, compared to its average volume of 10,554. Shenzhou International Group has a 52 week low of $5.70 and a 52 week high of $9.40. The firm’s fifty day moving average is $6.11 and its 200-day moving average is $7.41.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited operates as a vertically integrated knitwear manufacturer, providing design, sourcing, knitting, dyeing, cutting and sewing services for major global apparel brands. Founded in 1992 and headquartered in Ningbo, Zhejiang Province, the company has grown from a single factory into one of China’s largest garment producers. Its comprehensive production network encompasses strategic locations throughout eastern and western China, enabling efficient supply chain management and capacity to meet demand across multiple seasons.

The company’s primary offerings include knitted sportswear, casual wear and performance apparel, which it supplies to internationally recognized partners such as Nike, Adidas, Uniqlo and Puma.