Shineco, Inc. (TYHT) Reaches $1.99 After 9.00% Up Move; Coda Octopus Group (CODA) Shorts Up By 10.53%

May 18, 2018 - By Lawrence Diaz

Coda Octopus Group Inc (NASDAQ:CODA) had an increase of 10.53% in short interest. CODA’s SI was 6,300 shares in May as released by FINRA. Its up 10.53% from 5,700 shares previously. With 31,600 avg volume, 0 days are for Coda Octopus Group Inc (NASDAQ:CODA)’s short sellers to cover CODA’s short positions. The SI to Coda Octopus Group Inc’s float is 0.22%. The stock decreased 7.31% or $0.2901 during the last trading session, reaching $3.6799. About 6,909 shares traded. Coda Octopus Group, Inc. (NASDAQ:CODA) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

The stock of Shineco, Inc. (NASDAQ:TYHT) is a huge mover today! The stock increased 17.18% or $0.292 during the last trading session, reaching $1.992. About 3.34M shares traded or 5495.69% up from the average. Shineco, Inc. (NASDAQ:TYHT) has declined 55.30% since May 18, 2017 and is downtrending. It has underperformed by 66.85% the S&P500.The move comes after 7 months positive chart setup for the $50.23 million company. It was reported on May, 18 by Barchart.com. We have $2.17 PT which if reached, will make NASDAQ:TYHT worth $4.52 million more.

Another recent and important Coda Octopus Group, Inc. (NASDAQ:CODA) news was published by Nasdaq.com which published an article titled: “Coda Octopus Group to Present at the 19th Annual B. Riley Institutional Investor Conference” on May 17, 2018.

Coda Octopus Group, Inc. develops and sells underwater technologies and equipment for imaging, mapping, defense, and survey applications primarily in the United States, Europe, and Australia. The company has market cap of $38.33 million. The firm operates through two divisions, Marine Engineering Business and Marine Technology Business. It has a 21.15 P/E ratio. It offers CodaOctopus GeoSurvey data acquisition and interpretation software; CodaOctopus GeoSurvey acquisition products, such as hardware and software solutions for field acquisition of sidescan sonar and sub-bottom profiler; and CodaOctopus GeoSurvey productivity suite of software automating the tasks of analyzing, annotating, and mosaicing complex data sets.

Shineco, Inc., through its subsidiaries, produces, distributes, and sells health and well-being focused plant products under the Tenethealth and Tenet Bojian brands in China. The company has market cap of $50.23 million. It engages in growing and cultivating yew trees whose branches can be used for the production of anti-cancer medication, as well as for ornamental indoor bonsai tree for purifying air quality; and planting, processing, and distributing organic fruits and vegetables, such as tomato, eggplants, string beans, and peppers as well as blueberries and wine grapes. It has a 4.59 P/E ratio. The firm also develops, makes, and distributes Chinese medicinal herbal products and decoction pieces, including medicines for bone and joint pain, arthritis, respiratory infections, and insomnia, as well as various other common ailments; and distributes a range of Western medicines through its wholesale and retail channels.

More recent Shineco, Inc. (NASDAQ:TYHT) news were published by: Benzinga.com which released: “24 Stocks Moving In Friday’s Pre-Market Session” on May 18, 2018. Also Benzinga.com published the news titled: “Mid-Day Market Update: Shineco Rises After Q3 Results; Campbell Soup Shares Slide” on May 18, 2018. Prnewswire.com‘s news article titled: “Shineco, Inc. Reports Third Quarter of 2018 Financial Results” with publication date: May 17, 2018 was also an interesting one.

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