Ever-Glory International Group Inc (NASDAQ:EVK) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 1,500 shares, a drop of 6.3% from the June 30th total of 1,600 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is currently 0.1 days.
An institutional investor recently bought a new position in Ever-Glory International Group stock. Citadel Advisors LLC acquired a new position in Ever-Glory International Group Inc (NASDAQ:EVK) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 13,894 shares of the textile maker’s stock, valued at approximately $40,000. Citadel Advisors LLC owned 0.09% of Ever-Glory International Group at the end of the most recent quarter. 0.40% of the stock is owned by institutional investors and hedge funds.
EVK has been the subject of several analyst reports. TheStreet lowered shares of Ever-Glory International Group from a “b-” rating to a “c” rating in a research note on Friday, June 7th. ValuEngine downgraded shares of Ever-Glory International Group from a “sell” rating to a “strong sell” rating in a research report on Monday.
Ever-Glory International Group (NASDAQ:EVK) last released its earnings results on Wednesday, August 14th. The textile maker reported $0.13 earnings per share for the quarter. Ever-Glory International Group had a net margin of 2.50% and a return on equity of 10.42%. The firm had revenue of $77.32 million during the quarter.
Ever-Glory International Group Company Profile
Ever-Glory International Group, Inc manufactures, distributes, and retails apparel in the People's Republic of China, Germany, the United Kingdom, rest of Europe, Japan, and the United States. It operates in two segments, Wholesale and Retail. The company primarily offers casual wear, outerwear, and sportswear.
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