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

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 2,856 shares, an increase of 80.4% from the June 30th total of 1,583 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 106,580 shares, the days-to-cover ratio is presently 0.0 days.

Shenzhou International Group Trading Down 3.7%

SHZHY stock traded down $0.21 on Thursday, hitting $5.56. The company had a trading volume of 104 shares, compared to its average volume of 15,251. Shenzhou International Group has a 12-month low of $4.93 and a 12-month high of $9.40. The stock’s 50-day simple moving average is $5.56 and its 200 day simple moving average is $6.56.

Analysts Set New Price Targets

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

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.