Today’s Short Interest: YANGTZE RIVER DEVELOPMENT LTD (OTCMKTS:YERR) Has Increase in Shorts

November 22, 2016 - By Winifred Garcia   ·   0 Comments

Today's Short Interest: YANGTZE RIVER DEVELOPMENT LTD (OTCMKTS:YERR) Has Increase in Shorts

The stock of YANGTZE RIVER DEVELOPMENT LTD (OTCMKTS:YERR) registered an increase of 361.11% in short interest. YERR’s total short interest was 24,900 shares in November as published by FINRA. Its up 361.11% from 5,400 shares, reported previously. With 4,300 shares average volume, it will take short sellers 6 days to cover their YERR’s short positions. The stock decreased 13.04% or $0.75 on November 21, hitting $5. About 18,875 shares traded hands or 5.99% up from the average. Yangtze River Development Ltd (OTCMKTS:YERR) has declined 24.24% since April 20, 2016 and is downtrending. It has underperformed by 28.80% the S&P500.

Yangtze River Development Limited, formerly Kirin International Holding, Inc., is a holding company. The company has a market cap of $875.04 million. The Firm conducts its activities through its subsidiary, Wuhan Yangtze River Newport Logistics Co., Ltd . It currently has negative earnings. Wuhan Newport primarily engages in the business of real estate and infrastructural development with a port logistics project located in Wuhan, Hubei Province of China.

More notable recent Yangtze River Development Ltd (OTCMKTS:YERR) news were published by: Marketwatch.com which released: “Yangtze River Development Ltd.” on February 01, 2016, also Prnewswire.com with their article: “OTC Markets Group Welcomes Yangtze River Development Limited to OTCQX” published on November 18, 2016, Barrons.com published: “A Chinese Infrastructure Deal Sits on Shaky Ground” on November 19, 2016. More interesting news about Yangtze River Development Ltd (OTCMKTS:YERR) were released by: Globenewswire.com and their article: “Kirin International Holdings Inc. Completes Acquisition of Wuhan Yangtze River …” published on December 21, 2015 as well as 247Wallst.com‘s news article titled: “IPOs Continue Slo-Mo 2016 Start” with publication date: February 21, 2016.

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By Winifred Garcia


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