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Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Drops By 86.8%

Jin Medical International logo with Medical background

Key Points

  • Jin Medical International Ltd. (NASDAQ:ZJYL) experienced a substantial reduction in short interest, dropping 86.8% from 752,500 shares to 99,700 shares as of July 31st.
  • The company's stock price has been stable, trading at $0.65 with a one-year range between $0.50 and $4.08.
  • Jin Medical International specializes in designing and manufacturing products for individuals with disabilities, including wheelchairs and oxygen concentrators.
  • Looking to export and analyze Jin Medical International data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Jin Medical International Ltd. (NASDAQ:ZJYL - Get Free Report) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 99,700 shares, adeclineof86.8% from the July 15th total of 752,500 shares. Approximately0.3% of the company's shares are sold short. Based on an average daily volume of 221,800 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 221,800 shares, the days-to-cover ratio is currently 0.4 days. Approximately0.3% of the company's shares are sold short.

Jin Medical International Stock Performance

NASDAQ:ZJYL traded down $0.00 on Monday, hitting $0.61. The stock had a trading volume of 174,078 shares, compared to its average volume of 254,295. The company has a fifty day moving average price of $0.65 and a two-hundred day moving average price of $0.74. Jin Medical International has a 1-year low of $0.50 and a 1-year high of $4.08.

About Jin Medical International

(Get Free Report)

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.

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