Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Increases By 72.3%

Key Points

• Short interest in Jin Medical International Ltd. surged by 72.3% in September, reaching a total of 197,500 shares as of September 30th.
• Weiss Ratings has maintained a "hold (c-)" rating on Jin Medical International, with an average analyst rating also indicating a "Hold" stance.
• The company's shares recently opened at $0.35, which is close to its 1-year low of $0.32 and significantly lower than its 1-year high of $2.44.

Jin Medical International Ltd. (NASDAQ:ZJYL - Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 197,500 shares, an increase of 72.3% from the September 15th total of 114,600 shares. Based on an average trading volume of 287,400 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 287,400 shares, the days-to-cover ratio is presently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a "hold (c-)" rating on shares of Jin Medical International in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold".

Jin Medical International Price Performance

Shares of ZJYL opened at $0.35 on Tuesday. Jin Medical International has a 1 year low of $0.32 and a 1 year high of $2.44. The firm has a fifty day moving average of $0.59 and a 200-day moving average of $0.68.

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.

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