Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Stock Short Interest Climbs 289.5%

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,975 shares, an increase of 289.5% from the September 30th total of 507 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 9,716 shares, the days-to-cover ratio is presently 0.2 days.

Shenzhou International Group Trading Down 1.2%

Shenzhou International Group stock opened at $4.87 on Thursday. Shenzhou International Group has a twelve month low of $4.18 and a twelve month high of $9.40. The firm’s 50 day moving average price is $4.62 and its two-hundred day moving average price is $6.00.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited is a China-based textile and apparel manufacturer. The company operates an integrated business that includes the development and production of knitted fabrics, dyeing and finishing, and the manufacture of finished garments.

Its products include sportswear, casualwear, underwear and other knitted apparel. Shenzhou supplies clothing and textile products to international sportswear and fashion brands, generally serving as an original equipment manufacturer and production partner rather than selling primarily under its own consumer brand.

Founded in 1997, the company is headquartered in Ningbo, Zhejiang Province, China.