Short Interest in 361 Degrees International Limited (OTCMKTS:TSIOF) Grows By 52.8%

Key Points

• Short interest surged 52.8% to 107,060 shares as of April 15, up from 70,060 on March 31.
• Extremely high days-to-cover: with average daily volume of only 200 shares, the days-to-cover ratio is about 535.3 days, reflecting very low liquidity relative to short positions.
• Stock near its 52-week high: TSIOF opened at $0.92 (52-week high $0.93) with a 50-day moving average of $0.73 and 200-day moving average of $0.75; the company is a Chinese sportswear maker behind the 361° brand.

361 Degrees International Limited (OTCMKTS:TSIOF - Get Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 107,060 shares, an increase of 52.8% from the March 31st total of 70,060 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 535.3 days.

361 Degrees International Price Performance

361 Degrees International stock opened at $0.92 on Tuesday. 361 Degrees International has a fifty-two week low of $0.54 and a fifty-two week high of $0.93. The stock's fifty day moving average is $0.73 and its two-hundred day moving average is $0.75.

361 Degrees International Company Profile

361 Degrees International Limited OTCMKTS: TSIOF is a Chinese sportswear company best known for its 361° brand of athletic footwear, apparel and accessories. Founded in 2003 and headquartered in Quanzhou, Fujian Province, the company has grown into one of China’s leading mid-tier sportswear manufacturers, operating an extensive network of retail outlets and e-commerce platforms across the country.

The company’s product portfolio spans running shoes, basketball shoes, fitness and outdoor footwear, as well as performance apparel and lifestyle accessories.

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