Free Trial

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

Jin Medical International logo with Medical background

Key Points

  • Jin Medical International Ltd. saw a significant increase in short interest, rising by 67.2% in August, from 114,400 to 191,300 shares.
  • The company's stock currently trades around $0.63, with a year range of $0.50 to $4.08.
  • Jin Medical International engages in manufacturing products for individuals with disabilities, including wheelchairs and oxygen concentrators.
  • Five stocks we like better than Jin Medical International.

Jin Medical International Ltd. (NASDAQ:ZJYL - Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 191,300 shares, a growth of 67.2% from the August 15th total of 114,400 shares. Based on an average trading volume of 273,300 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 273,300 shares, the days-to-cover ratio is presently 0.7 days.

Jin Medical International Price Performance

Jin Medical International stock opened at $0.63 on Monday. The company's fifty day moving average price is $0.65 and its 200 day moving average price is $0.72. Jin Medical International has a 1 year low of $0.50 and a 1 year high of $4.08.

Jin Medical International Company Profile

(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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Jin Medical International Right Now?

Before you consider Jin Medical International, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jin Medical International wasn't on the list.

While Jin Medical International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.