Jin Medical International Ltd. (NASDAQ:ZJYL) Sees Significant Increase in Short Interest

Jin Medical International Ltd. (NASDAQ:ZJYL) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 217,828 shares, a growth of 34.5% from the November 30th total of 161,897 shares. Based on an average daily volume of 137,527 shares, the short-interest ratio is currently 1.6 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 137,527 shares, the short-interest ratio is currently 1.6 days.

Jin Medical International Trading Up 0.1%

NASDAQ ZJYL opened at $0.22 on Tuesday. Jin Medical International has a fifty-two week low of $0.18 and a fifty-two week high of $1.19. The stock has a 50 day simple moving average of $0.25 and a two-hundred day simple moving average of $0.49.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Jin Medical International in a report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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. Jin Medical International Ltd. is a subsidiary of Jolly Harmony Enterprises Limited.