Jin Medical International Ltd. (NASDAQ:ZJYL) Short Interest Update

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.

Jin Medical International Ltd. (NASDAQ:ZJYL - Get Free Report) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 99,700 shares, adecreaseof86.8% from the July 15th total of 752,500 shares. Approximately0.3% of the shares of the company are sold short. Based on an average trading volume of 221,800 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 221,800 shares, the days-to-cover ratio is presently 0.4 days. Approximately0.3% of the shares of the company are sold short.

Jin Medical International Stock Down 4.2%

Shares of ZJYL stock traded down $0.0258 during trading hours on Tuesday, hitting $0.5840. The company's stock had a trading volume of 123,360 shares, compared to its average volume of 253,457. The business has a fifty day moving average of $0.65 and a 200-day moving average of $0.74. Jin Medical International has a twelve month low of $0.5045 and a twelve month high of $4.08.

Jin Medical International Company Profile

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.