ZW Data Action Technologies Inc. (NASDAQ:CNET) Short Interest Update

ZW Data Action Technologies Inc. (NASDAQ:CNETGet Rating) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 85,200 shares, a decrease of 65.9% from the March 15th total of 250,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Separately, StockNews.com assumed coverage on shares of ZW Data Action Technologies in a research report on Monday, April 11th. They set a “sell” rating on the stock.

Shares of ZW Data Action Technologies stock opened at $0.60 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.18 and a current ratio of 2.18. The stock’s 50-day simple moving average is $0.70 and its 200-day simple moving average is $0.98. ZW Data Action Technologies has a 52 week low of $0.56 and a 52 week high of $2.47.

ZW Data Action Technologies Company Profile (Get Rating)

ZW Data Action Technologies Inc, through its subsidiaries, provides omni-channel advertising, precision marketing, and data analysis management systems in the People's Republic of China. It offers Internet advertising, precision marketing, and related data services through its Internet portals, including 28.com and liansuo.com that provide advertisers with tools to build sales channels in the form of franchisees, sales agents, distributors, and/or resellers.

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