Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Short Interest Down 65.0% in June

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 1,789 shares, a drop of 65.0% from the May 31st total of 5,117 shares. Based on an average daily trading volume, of 72,501 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Shenzhou International Group to a “hold” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Shenzhou International Group Price Performance

OTCMKTS SHZHY traded down $0.01 during mid-day trading on Friday, reaching $5.29. 1,691 shares of the company’s stock traded hands, compared to its average volume of 13,024. The company has a fifty day simple moving average of $5.83 and a 200-day simple moving average of $6.98. Shenzhou International Group has a 1-year low of $4.97 and a 1-year high of $9.40.

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.