Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Sees Large Growth in Short Interest

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 507 shares, a growth of 624.3% from the September 15th total of 70 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 10,838 shares, the short-interest ratio is currently 0.0 days.

Shenzhou International Group Stock Performance

Shares of Shenzhou International Group stock traded up $0.12 during trading on Friday, hitting $4.36. 3,686 shares of the stock traded hands, compared to its average volume of 6,245. The stock’s fifty day simple moving average is $4.79 and its 200 day simple moving average is $5.45. Shenzhou International Group has a 52-week low of $4.18 and a 52-week high of $9.40.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited is a China-based textile and apparel manufacturer specializing in knitted fabrics and finished garments. The company produces sportswear, casualwear, underwear and related apparel for international clothing and sportswear brands.

Shenzhou operates an integrated production model that covers fabric knitting, dyeing, printing, finishing and garment manufacturing. This structure allows the company to manage much of the apparel production process internally, from textile development through the manufacture of finished products.

Founded in 1997 and headquartered in Ningbo, Zhejiang Province, Shenzhou International serves global customers through production operations in China and Southeast Asia, including Vietnam and Cambodia.