Yangtze Optical Fibre And Cable Joint Stock Limited (OTCMKTS:YZOFF – Get Free Report) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,903,201 shares, a decrease of 37.9% from the May 31st total of 3,064,128 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group began coverage on Yangtze Optical Fibre And Cable Joint Stock in a research note on Thursday, April 16th. They issued a “neutral” rating for the company. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Yangtze Optical Fibre And Cable Joint Stock has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on YZOFF
Yangtze Optical Fibre And Cable Joint Stock Price Performance
Yangtze Optical Fibre And Cable Joint Stock Company Profile
Yangtze Optical Fibre and Cable Joint Stock Company (OTCMKTS: YZOFF) is a China-based manufacturer specializing in the development, production and sales of optical fiber preforms, optical fibers and optical cables. Headquartered in Wuhan, Hubei Province, the company serves key communications infrastructure markets by supplying high-performance fiber-optic solutions for telecommunications carriers, data centers, enterprise networks and broadband access providers. Its product portfolio encompasses single-mode and multi-mode fibers, all-dielectric self-supporting cables, submarine cables and special-purpose fiber assemblies designed to meet rigorous industry standards.
Founded in the early 2000s as a joint stock enterprise, Yangtze Optical Fibre and Cable has grown through investments in integrated production lines and research facilities.
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