Short Interest in Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) Drops By 65.0%

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 1,789 shares, a drop of 65.0% from the May 31st total of 5,117 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 72,501 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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

Shenzhou International Group Stock Performance

OTCMKTS:SHZHY traded down $0.19 during trading hours on Monday, reaching $5.11. The stock had a trading volume of 436 shares, compared to its average volume of 13,023. Shenzhou International Group has a 52 week low of $4.97 and a 52 week high of $9.40. The company has a 50 day moving average price of $5.83 and a two-hundred day moving average price of $6.97.

About Shenzhou International Group

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.