Shineco Inc (NASDAQ:TYHT) Shorts Reduced By 7.43%

June 27, 2018 - By Bridget Boland

It was recorded a decrease on Shineco Inc (NASDAQ:TYHT)’s short interest with 7.43%. In June was published TYHT’s total 71,000 short interest by FINRA. That’s 7.43% down from 76,700 shares. Previous TYHT’s position will need 4 days to restore. It has 18,600 average volume. Shineco Inc float short is 0.51%.

TYHT reached $1.73 during the last trading session after $0.04 change.Currently Shineco, Inc. is downtrending after 58.69% change in last June 27, 2017. TYHT has also 468 shares volume. The stock underperformed the S&P500 by 71.26%.

Shineco, Inc., through its subsidiaries, produces, distributes, and sells health and well-being focused plant products in China.The firm is worth $36.76 million. It processes and distributes traditional Chinese herbal medicine products, as well as other pharmaceutical products directly to individual customers.The P/E ratio is 3.1. The firm also plants, processes, and distributes green and organic agricultural produce; and grows, cultivates, and sells yew trees that are used for the production of anti-cancer medication, as well as ornamental bonsai trees for purifying indoor air quality.

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