November 22, 2016 - By Ellis Scott · 0 Comments
The stock of YOSEN GROUP INCORPORATED (OTCMKTS:YOSN) registered a decrease of 83.93% in short interest. YOSN’s total short interest was 2,700 shares in November as published by FINRA. Its down 83.93% from 16,800 shares, reported previously. With 6,000 shares average volume, it will take short sellers 1 days to cover their YOSN’s short positions. The stock decreased 13.75% or $0.11 on November 21, hitting $0.69. About 5,115 shares traded hands or 523.02% up from the average. Yosen Group Inc (OTCMKTS:YOSN) has declined 40.00% since February 26, 2016 and is downtrending. It has underperformed by 44.56% the S&P500.
Yosen Group, Inc. operates under a store in store business model. The company has a market cap of $9.59 million. The Firm operates approximately eight stores in stores under the brand name Zhejiang YongXin, selling primarily Apple and Samsung products. It currently has negative earnings. Yosen operates through two divisions: mobile phones and E-Commerce.
Yosen Group, Inc. (Yosen), incorporated on August 20, 1998, operates under a store in store business model. The Firm operates approximately eight stores in stores under the brand name Zhejiang YongXin, selling primarily Apple and Samsung products. The Firm operates through two divisions: mobile phones and E-Commerce. The mobile phones segment includes the activities of Zhejiang YongXin Digital Technology Company Limited (Zhejiang). The E-Commerce segment includes the activities of Zhejiang Yongxin Lamapai E-commerce Co., Ltd (Zhejiang Lamapai). Under the stores in stores model, Yosen distributes its products primarily via the concessionaire agreements with department stores, supermarkets, electronics retail stores and other retailers.
More notable recent Yosen Group Inc (OTCMKTS:YOSN) news were published by: Prnewswire.com which released: “Yosen Group Established New York Subsidiary Yosen Trading Inc.” on January 10, 2014, also Prnewswire.com with their article: “Yosen Group Announces the Grand Opening of the First O2O Flagship Store in …” published on May 17, 2016, Prnewswire.com published: “Yosen Group Signs Exclusive Cooperation Agreement with Global 3D Media for …” on June 17, 2014. More interesting news about Yosen Group Inc (OTCMKTS:YOSN) were released by: Prnewswire.com and their article: “Yosen Group Becomes Supplier to RadioShack Greater China” published on March 20, 2013 as well as Reuters.com‘s news article titled: “Yosen Group Inc launches a new subsidiary” with publication date: October 26, 2015.
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By Ellis Scott