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Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Drops By 40.6%

Jin Medical International logo with Medical background

Jin Medical International Ltd. (NASDAQ:ZJYL - Get Free Report) saw a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 357,300 shares, a drop of 40.6% from the May 15th total of 601,100 shares. Based on an average daily trading volume, of 262,900 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.9% of the shares of the company are short sold.

Jin Medical International Stock Performance

NASDAQ ZJYL traded up $0.01 on Thursday, hitting $0.70. 411,070 shares of the company's stock traded hands, compared to its average volume of 287,221. Jin Medical International has a 1-year low of $0.56 and a 1-year high of $4.38. The firm's 50-day moving average price is $0.80 and its two-hundred day moving average price is $0.81.

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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