Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Decreases By 40.1%

Key Points

• Short interest in Jin Medical International Ltd. (NASDAQ:ZJYL) decreased by 40.1% in September, falling to 114,600 shares from 191,300 shares in August.
• The stock has a consensus rating of "Hold" from analysts, with Weiss Ratings reissuing this rating on September 27th.
• As of the latest trading session, Jin Medical International's stock is priced at $0.59, with a 1-year low of $0.50 and a high of $2.91.

Jin Medical International Ltd. (NASDAQ:ZJYL - Get Free Report) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 114,600 shares, a decline of 40.1% from the August 31st total of 191,300 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 269,100 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 269,100 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a "hold (c-)" rating on shares of Jin Medical International in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of "Hold".

Jin Medical International Price Performance

NASDAQ:ZJYL opened at $0.59 on Friday. Jin Medical International has a 1 year low of $0.50 and a 1 year high of $2.91. The stock has a 50-day moving average price of $0.64 and a two-hundred day moving average price of $0.70.

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.

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.