Yunhong Green CTI Ltd. (NASDAQ:YHGJ) Shares Shorted: Short Interest Up 498.5% in October

Yunhong Green CTI Ltd. (NASDAQ:YHGJ) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 26,428 shares, a growth of 498.5% from the October 15th total of 4,416 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average trading volume of 59,940 shares, the short-interest ratio is currently 0.4 days.

Yunhong Green CTI Trading Down 4.2%

YHGJ opened at $3.21 on Thursday. The firm has a market cap of $8.38 million, a P/E ratio of -2.89 and a beta of 0.47. Yunhong Green CTI has a 12 month low of $2.38 and a 12 month high of $5.60. The stock has a 50-day moving average of $2.84 and a 200 day moving average of $3.04.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Yunhong Green CTI in a research note on Monday, October 19th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Yunhong Green CTI presently has a consensus rating of “Sell”.

About Yunhong Green CTI

Yunhong Green CTI Ltd., formerly known as CTI Industries Corporation, is a consumer products and packaging company. Its business has primarily focused on the manufacture and distribution of foil balloons, latex balloons, balloon accessories and related party products. The company has also been involved in producing flexible packaging materials and specialty packaging products for consumer and commercial applications. Its offerings have included printed and unprinted films, bags and other packaging formats designed for a range of customers and end uses.