8.28% More Shineco Inc (NASDAQ:TYHT) Shares Shorted

May 3, 2018 - By Heather Owens

Shineco Inc (NASDAQ:TYHT) showed an increase of 8.28% in short interest. In May was announced TYHT’s total 94,200 short interest by FINRA. The up change of 8.28% from 87,000 shares was reported. 2 days will cost TYHT with 57,300 average volume to restore its previous position. Shineco Inc’s short interest float is 0.68%.

TYHT is reaching $1.47 during the last trading session, after decreased 2.00%.Currently Shineco, Inc. is downtrending after 55.30% change in last May 3, 2017. TYHT has also 21,529 shares volume. The stock underperformed the S&P500 by 66.85%.

Shineco, Inc., through its subsidiaries, produces, distributes, and sells health and well-being focused plant products in China.The company has $37.07 million market cap. It processes and distributes traditional Chinese herbal medicine products, as well as other pharmaceutical products directly to individual customers.The P/E ratio is 3.39. 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.