Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY – Get Free Report) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 4,892 shares, a decline of 42.1% from the April 30th total of 8,446 shares. Based on an average trading volume of 17,011 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of Shenzhou International Group to a “hold” rating in a report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.
Get Our Latest Analysis on SHZHY
Shenzhou International Group Stock Performance
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.
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