Ever-Glory International Group, Inc. (NASDAQ:EVK – Get Rating) was the target of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 7,300 shares, a drop of 62.2% from the October 31st total of 19,300 shares. Based on an average trading volume of 42,700 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

Ever-Glory International Group Stock Performance

Shares of Ever-Glory International Group stock traded down $0.04 on Tuesday, hitting $0.62. 34,018 shares of the company's stock were exchanged, compared to its average volume of 37,685. The company has a 50-day simple moving average of $0.80 and a 200-day simple moving average of $1.08. The stock has a market capitalization of $9.01 million, a PE ratio of -3.42 and a beta of -0.12. Ever-Glory International Group has a 1 year low of $0.60 and a 1 year high of $3.13.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Ever-Glory International Group in a research note on Tuesday. They set a "hold" rating on the stock.

Ever-Glory International Group Company Profile

Ever-Glory International Group, Inc, together with its subsidiaries, manufactures, supplies, and retails apparel in Mainland China, Hong Kong, Germany, the United Kingdom, Europe, Japan, and the United States. It operates through two segments, Wholesale and Retail. The company primarily offers casual wear, outerwear, and sportswear.

Further Reading

• Get a free copy of the StockNews.com research report on Ever-Glory International Group (EVK)
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