Jin Medical International Ltd. (NASDAQ:ZJYL) Short Interest Up 67.2% in August

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.

Jin Medical International Ltd. (NASDAQ:ZJYL - Get Free Report) was the recipient of a significant 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 currently 0.7 days. Currently, 0.5% of the shares of the company are short sold. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 273,300 shares, the days-to-cover ratio is currently 0.7 days.

Jin Medical International Price Performance

NASDAQ:ZJYL traded down $0.00 during trading hours on Friday, hitting $0.57. 135,615 shares of the stock traded hands, compared to its average volume of 263,977. Jin Medical International has a 1 year low of $0.50 and a 1 year high of $4.08. The stock has a 50 day moving average price of $0.65 and a 200 day moving average price of $0.72.

About Jin Medical International

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.