Yangtze Optical Fibre And Cable Joint Stock Limited (OTCMKTS:YZOFF) Shares Shorted: Short Interest Up 118.2% in October

Yangtze Optical Fibre And Cable Joint Stock Limited (OTCMKTS:YZOFF) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 538,219 shares, an increase of 118.2% from the September 30th total of 246,717 shares. Based on an average daily trading volume, of 2,369 shares, the days-to-cover ratio is presently 227.2 days.

Yangtze Optical Fibre And Cable Joint Stock Stock Performance

Yangtze Optical Fibre And Cable Joint Stock stock opened at C$15.69 on Friday. The company’s fifty day simple moving average is C$18.56 and its 200-day simple moving average is C$19.95. Yangtze Optical Fibre And Cable Joint Stock has a 12 month low of C$7.56 and a 12 month high of C$34.30.

Yangtze Optical Fibre And Cable Joint Stock Company Profile

Yangtze Optical Fibre and Cable Joint Stock Limited Company, also known as YOFC, is a China-based manufacturer and supplier of optical-fiber products and communications infrastructure. The company produces optical-fiber preforms, optical fiber and fiber-optic cables used in telecommunications networks, data centers, broadband systems and other connectivity applications.

YOFC also provides related solutions and services, including integrated fiber-optic network products, specialty fibers and cables, optical components, and technical support for network construction and maintenance.