Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Short Interest Down 66.7% in August

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) saw a significant decline in short interest in August. As of August 15th, there was short interest totalling 200 shares, a decline of 66.7% from the July 31st total of 600 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 0.1 days.

Yue Yuen Industrial Price Performance

Shares of Yue Yuen Industrial stock remained flat at $8.67 during trading on Thursday. 6 shares of the company traded hands, compared to its average volume of 1,952. The business’s 50 day moving average price is $8.45 and its two-hundred day moving average price is $7.91. Yue Yuen Industrial has a 52 week low of $4.60 and a 52 week high of $10.25. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.91 and a quick ratio of 1.28.

Yue Yuen Industrial Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, October 21st. Shareholders of record on Tuesday, September 10th will be given a $0.2065 dividend. The ex-dividend date of this dividend is Tuesday, September 10th.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial (Holdings) Limited, an investment holding company, engages in manufacturing and sale of athletic, athleisure, casual, and outdoor footwear in the People's Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, Salomon, and Timberland.