361 Degrees International Limited (OTCMKTS:TSIOF) Sees Large Decline in Short Interest

361 Degrees International Limited (OTCMKTS:TSIOF) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 81,000 shares, a decline of 66.5% from the September 15th total of 242,060 shares. Based on an average trading volume of 42 shares, the days-to-cover ratio is presently 1,928.6 days. Currently, 0.0% of the company’s shares are short sold.

361 Degrees International Price Performance

TSIOF stock opened at $0.52 on Tuesday. The company has a fifty day moving average price of $0.57 and a 200-day moving average price of $0.61. 361 Degrees International has a 52-week low of $0.52 and a 52-week high of $0.93.

About 361 Degrees International

361 Degrees International Limited is a Chinese sporting-goods company that develops, manufactures and markets athletic footwear, apparel and accessories under the 361° brand. Its product range serves a variety of sports and everyday activewear needs, including running, training and outdoor activities.

The company sells products through a combination of retail stores, distributors and online channels, primarily serving consumers in mainland China. It also operates the 361° Kids business, which focuses on sportswear and related products for children.

361 Degrees was established in 2003 and is headquartered in Jinjiang, Fujian Province, China, a major center of the country’s footwear and apparel industry.