Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) Short Interest Down 39.1% in April

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,303 shares, a decline of 39.1% from the April 15th total of 2,138 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 6,076 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut Yue Yuen Industrial from a “moderate sell” rating to a “strong sell” rating in a research report on Monday, March 16th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Yue Yuen Industrial Stock Performance

YUEIY opened at $9.35 on Tuesday. The business’s 50-day simple moving average is $10.05 and its 200-day simple moving average is $10.56. The company has a current ratio of 2.12, a quick ratio of 1.37 and a debt-to-equity ratio of 0.08. Yue Yuen Industrial has a one year low of $6.80 and a one year high of $12.61.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial (OTCMKTS: YUEIY) is one of the world’s leading footwear manufacturers, specializing in the design, development, production and distribution of athletic, casual and performance footwear. As an original design manufacturer (ODM) and original equipment manufacturer (OEM), the company partners with many of the globe’s most recognizable sportswear brands, providing end-to-end solutions that range from material sourcing and prototype development to mass production and quality assurance.

The company’s product portfolio encompasses a broad spectrum of footwear categories, including running shoes, basketball sneakers, outdoor footwear and lifestyle models.