November 17, 2016 - By Nellie Frank · 0 Comments
The stock of Synutra International Incorporated (NASDAQ:SYUT) registered an increase of 1.59% in short interest. SYUT’s total short interest was 761,900 shares in November as published by FINRA. Its up 1.59% from 750,000 shares, reported previously. With 27,500 shares average volume, it will take short sellers 28 days to cover their SYUT’s short positions. The short interest to Synutra International Incorporated’s float is 4.57%. The stock decreased 1.12% or $0.05 during the last trading session, hitting $4.4. Synutra International, Inc. (NASDAQ:SYUT) has declined 14.56% since April 15, 2016 and is downtrending. It has underperformed by 19.19% the S&P500.
Synutra International, Inc. is an infant formula firm in China. The company has a market cap of $258.14 million. The Firm is engaged in the production, distribution and sale of dairy nutritional products under the Shengyuan or Synutra line of brands. It has a 16.78 P/E ratio.
Synutra International, Inc., incorporated on February 23, 2004, is an infant formula firm in China. The Firm is engaged in the production, distribution and sale of dairy nutritional products under the Shengyuan or Synutra line of brands in the People’s Republic of China (PRC). The Company’s divisions include Nutritional Food, Nutritional Supplement and Other Business. It is focused on selling powdered formula products for infants and adults, and also engages in other nutritional product offerings, such as prepared foods and certain nutritional supplements. It sells most of its products through a nationwide sales and distribution network covering all provinces and provincial-level municipalities in mainland China. As of March 31, 2016, this network comprised over 850 independent distributors and over 290 independent sub-distributors selling its products in approximately 24,000 retail outlets.
Another recent and important Synutra International, Inc. (NASDAQ:SYUT) news was published by Prnewswire.com which published an article titled: “Synutra International, Inc. Commences Construction of New Drying Facility in …” on January 14, 2014.
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By Nellie Frank