Short Interest Worth Mentioning: What’s Next for Yulong Eco Materials Limited Ord (NASDAQ:YECO) After Having Less Shares Shorted?

November 22, 2016 - By Linda Rogers   ·   0 Comments

Short Interest Worth Mentioning: What's Next for Yulong Eco Materials Limited Ord (NASDAQ:YECO) After Having Less Shares Shorted?

The stock of Yulong Eco Materials Limited Ord (NASDAQ:YECO) registered a decrease of 37.66% in short interest. YECO’s total short interest was 9,600 shares in November as published by FINRA. Its down 37.66% from 15,400 shares, reported previously. With 44,400 shares average volume, it will take short sellers 0 days to cover their YECO’s short positions. The short interest to Yulong Eco Materials Limited Ord’s float is 0.18%. The stock decreased 7.78% or $0.14 on November 21, hitting $1.66. Yulong Eco-Materials Ltd (NASDAQ:YECO) has declined 55.73% since April 20, 2016 and is downtrending. It has underperformed by 60.29% the S&P500.

Yulong Eco-Materials Limited is engaged in the production and sale of fly-ash bricks and ready-mixed concrete in and around the city of Pingdingshan, Henan Province, China. The company has a market cap of $19.92 million. The Company’s business are conducted through its consolidated affiliated entities, which are variable interest entities . It has a 1.68 P/E ratio. These VIEs include Yulong Bricks, which operates its bricks business and Yulong Concrete and Yulong Transport, which operate its concrete business.

YECO Company Profile

Yulong Eco-Materials Limited is engaged in the production and sale of fly-ash bricks and ready-mixed concrete in and around the city of Pingdingshan, Henan Province, China. The Company’s business are conducted through its consolidated affiliated entities, which are variable interest entities (VIEs). These VIEs include Yulong Bricks, which operates its bricks business and Yulong Concrete and Yulong Transport, which operate its concrete business. The Firm operates two plants in Pingdingshan: fly-ash brick plant and concrete plant.

More notable recent Yulong Eco-Materials Ltd (NASDAQ:YECO) news were published by: Quotes.Wsj.com which released: “News Yulong Eco-Materials Ltd.YECO” on March 21, 2015, also Seekingalpha.com with their article: “Yulong Eco-Materials IPO Looks Unexciting With Significant Risks (YECO)” published on April 08, 2015, Businesswire.com published: “Yulong Eco-Materials Announces Pricing of Initial Public Offering” on June 26, 2015. More interesting news about Yulong Eco-Materials Ltd (NASDAQ:YECO) were released by: Businesswire.com and their article: “Yulong Eco-Materials Announces Closing of Initial Public Offering” published on July 01, 2015 as well as Benzinga.com‘s news article titled: “18 Biggest Mid-Day Losers For Thursday” with publication date: October 20, 2016.

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By Linda Rogers


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