Shineco Inc (NASDAQ:TYHT) Shorted Shares Increased 5.19% After Market Selling

March 14, 2018 - By Hazel Jackson

 Shineco Inc (NASDAQ:TYHT) Shorted Shares Increased 5.19% After Market Selling

The stock of Shineco Inc (NASDAQ:TYHT) registered an increase of 5.19% in short interest. TYHT’s total short interest was 103,400 shares in March as published by FINRA. Its up 5.19% from 98,300 shares, reported previously. With 51,100 shares average volume, it will take short sellers 2 days to cover their TYHT’s short positions. The short interest to Shineco Inc’s float is 0.75%.

The stock decreased 2.67% or $0.05 during the last trading session, reaching $1.82. About 5,304 shares traded. Shineco, Inc. (NASDAQ:TYHT) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Shineco, Inc., through its subsidiaries, produces, distributes, and sells health and well-being focused plant products in China. The company has market cap of $45.89 million. It processes and distributes traditional Chinese herbal medicine products, as well as other pharmaceutical products directly to individual customers. It has a 4.19 P/E ratio. 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.

More notable recent Shineco, Inc. (NASDAQ:TYHT) news were published by: which released: “Shineco, Inc. Enters into Strategic Cooperation Agreement to Establish an …” on September 22, 2017, also with their article: “Shineco Inc. TYHT (US: Nasdaq)” published on September 28, 2016, published: “Shineco, Inc. Enters into RMB 1.12 Billion Worth of Strategic Cooperation …” on November 21, 2017. More interesting news about Shineco, Inc. (NASDAQ:TYHT) were released by: and their article: “Shineco, Inc. Reports Second Quarter of 2018 Financial Results” published on February 12, 2018 as well as‘s news article titled: “Shineco, Inc. Announces New Corporate Website Launch” with publication date: May 30, 2017.

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