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

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,892 shares, a decrease of 42.1% from the April 30th total of 8,446 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 17,011 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Shenzhou International Group to a “hold” rating in a report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Shenzhou International Group presently has a consensus rating of “Hold”.

Shenzhou International Group Stock Performance

Shares of OTCMKTS SHZHY remained flat at $6.27 during trading hours on Tuesday. 6,546 shares of the company traded hands, compared to its average volume of 10,554. The business’s 50 day moving average is $6.11 and its 200 day moving average is $7.41. Shenzhou International Group has a fifty-two week low of $5.70 and a fifty-two week high of $9.40.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited operates as a vertically integrated knitwear manufacturer, providing design, sourcing, knitting, dyeing, cutting and sewing services for major global apparel brands. Founded in 1992 and headquartered in Ningbo, Zhejiang Province, the company has grown from a single factory into one of China’s largest garment producers. Its comprehensive production network encompasses strategic locations throughout eastern and western China, enabling efficient supply chain management and capacity to meet demand across multiple seasons.

The company’s primary offerings include knitted sportswear, casual wear and performance apparel, which it supplies to internationally recognized partners such as Nike, Adidas, Uniqlo and Puma.