ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 27,400 shares, a decline of 60.0% from the September 15th total of 68,500 shares. Currently, 0.6% of the company's stock are short sold. Based on an average daily trading volume, of 41,200 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 41,200 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the company's stock are short sold.
Institutional Trading of ZJK Industrial
Several large investors have recently made changes to their positions in ZJK. State of Wyoming bought a new position in ZJK Industrial in the second quarter valued at about $31,000. Howard Financial Services LTD. bought a new position in ZJK Industrial in the second quarter valued at about $49,000. Geode Capital Management LLC boosted its holdings in ZJK Industrial by 150.0% in the second quarter. Geode Capital Management LLC now owns 42,267 shares of the company's stock valued at $164,000 after acquiring an additional 25,362 shares during the last quarter. Finally, Invesco Ltd. bought a new position in ZJK Industrial in the first quarter valued at about $223,000.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a "sell (d)" rating on shares of ZJK Industrial in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Sell".
View Our Latest Report on ZJK Industrial
ZJK Industrial Stock Performance
ZJK opened at $2.80 on Friday. The business has a 50 day moving average price of $3.47 and a 200 day moving average price of $3.88. ZJK Industrial has a twelve month low of $2.46 and a twelve month high of $30.50.
About ZJK Industrial
(
Get Free Report)
ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.
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