Xtep International Holdings Ltd. (OTCMKTS:XTEPY) Short Interest Update

Xtep International Holdings Ltd. (OTCMKTS:XTEPY) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 222 shares, a growth of 101.8% from the June 30th total of 110 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 30 shares, the days-to-cover ratio is presently 7.4 days.

Xtep International Price Performance

XTEPY stock opened at $46.54 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.02 and a current ratio of 2.37. Xtep International has a 52-week low of $44.24 and a 52-week high of $84.94. The stock’s 50 day moving average is $51.08 and its two-hundred day moving average is $58.70.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Xtep International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

About Xtep International

Xtep International Holdings Limited engages in the design, development, manufacture, sale, and marketing and brand management of sports footwear, apparel, and accessories. The company sells its products primarily under the XTEP brand, as well as Palladium, K-Swiss, Saucony, and Merrell brand names. It is also involved in the trading of sportswear products. As of March 18, 2021, the company managed an extensive distribution network with exclusive distributors that operated approximately 6,000 stores covering 31 provinces, autonomous regions, and municipalities in the People's Republic of China and internationally.