Short Interest in Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Rises By 54.5%

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 1,700 shares, an increase of 54.5% from the May 31st total of 1,100 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 0.6 days.

Yue Yuen Industrial Trading Down 2.0 %

YUEIY stock opened at $9.53 on Friday. Yue Yuen Industrial has a twelve month low of $4.60 and a twelve month high of $10.25. The business’s fifty day simple moving average is $9.24 and its two-hundred day simple moving average is $7.00.

Yue Yuen Industrial Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, July 8th. Stockholders of record on Friday, May 31st will be given a dividend of $0.3977 per share. This is an increase from Yue Yuen Industrial’s previous dividend of $0.11. The ex-dividend date of this dividend is Friday, May 31st.

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.