Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Sees Significant Drop in Short Interest

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY – Get Rating) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 100 shares, a drop of 83.3% from the April 30th total of 600 shares. Based on an average daily trading volume, of 94,200 shares, the days-to-cover ratio is currently 0.0 days.

Shenzhou International Group Stock Up 1.3 %

Shares of OTCMKTS SHZHY traded up $0.10 during mid-day trading on Friday, reaching $7.89. 30,023 shares of the company’s stock traded hands, compared to its average volume of 33,548. The business has a 50-day simple moving average of $9.50 and a 200 day simple moving average of $10.40. Shenzhou International Group has a 1-year low of $6.64 and a 1-year high of $14.41.

About Shenzhou International Group

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Shenzhou International Group Holdings Limited, an investment holding company, engages in manufacturing, processing, and selling knitwear products. It produces and sells sportswear, casual wear, and lingerie wear. The company is also involved in the import and export of commodities; quality check of garments; print and sale of knitwear products; trading and retail businesses; aircraft leasing; and property management and leasing activities.