ZK International Group Co., Ltd. (NASDAQ:ZKIN) Sees Large Increase in Short Interest

ZK International Group Co., Ltd. (NASDAQ:ZKIN) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 57,000 shares, agrowthof63.8% from the July 15th total of 34,800 shares. Approximately1.5% of the shares of the company are sold short. Based on an average trading volume of 2,300,000 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 2,300,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately1.5% of the shares of the company are sold short.

ZK International Group Trading Down 3.5%

NASDAQ:ZKIN opened at $1.92 on Monday. The stock has a fifty day moving average price of $2.20 and a two-hundred day moving average price of $1.92. ZK International Group has a 1 year low of $0.82 and a 1 year high of $6.30.

ZK International Group Company Profile

ZK International Group Co, Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.