Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY – Get Free Report) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 1,143 shares, a decrease of 94.8% from the June 15th total of 21,807 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 5,737 shares, the short-interest ratio is currently 0.2 days.
Analyst Ratings Changes
Separately, Jefferies Financial Group lowered Yue Yuen Industrial from a “moderate sell” rating to a “strong sell” rating in a research report on Monday, March 16th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.
View Our Latest Stock Report on YUEIY
Yue Yuen Industrial Stock Up 5.3%
About Yue Yuen Industrial
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.
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