Shineco Inc (NASDAQ: SISI): Is It A Gold Mine Or A Disaster In The Making?

In today’s recent session, 0.42 million shares of the Shineco Inc (NASDAQ:SISI) have been traded, and its beta is -0.06. Most recently the company’s share price was $0.15, and it changed around $0.0 or -1.32% from the last close, which brings the market valuation of the company to $5.07M. SISI at last check was trading at a discount to its 52-week high of $4.90, offering almost -3166.67% off that amount. The share price’s 52-week low was $0.14, which indicates that the recent value has risen by an impressive 6.67% since then. We note from Shineco Inc’s average daily trading volume that its 10-day average is 1.08 million shares, with the 3-month average coming to 1.82 million.

Shineco Inc (NASDAQ:SISI) trade information

Instantly SISI has been showing red trend so far today with a performance of -1.32% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.1769 on recent trading dayincreased the stock’s daily price by 15.21%. The company’s shares are currently down -86.68% year-to-date, but still down -14.77% over the last five days. On the other hand, Shineco Inc (NASDAQ:SISI) is -37.23% down in the 30-day period. We can see from the shorts that 1.31 million shares have been sold at a short interest cover period of 0.41 day(s).

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SISI Dividends

Shineco Inc’s next quarterly earnings report is expected to be released in November.

Shineco Inc (NASDAQ:SISI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 4.94% of Shineco Inc shares, and 0.05% of them are in the hands of institutional investors. The stock currently has a share float of 0.05%.