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

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 500 shares, a drop of 94.0% from the August 15th total of 8,300 shares. Based on an average trading volume of 181,000 shares, the days-to-cover ratio is presently 0.0 days.

OTCMKTS SHZHY traded down $0.65 on Wednesday, reaching $21.48. 41,804 shares of the stock traded hands, compared to its average volume of 202,802. The firm’s fifty day simple moving average is $22.32 and its 200 day simple moving average is $22.72. Shenzhou International Group has a 12 month low of $16.06 and a 12 month high of $26.71.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited, an investment holding company, engages in manufacturing, processing, and selling knitwear products. It produces and sells sportswear, casual wear, and lingerie wear. The company is also involved in the import and export of commodities; quality check of garments; print and sale of knitwear products; trading and retail businesses; aircraft leasing; and property management and leasing activities.

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