Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Update

Zhibao Technology Inc. (NASDAQ:ZBAO) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 3,576 shares, a drop of 81.9% from the December 15th total of 19,777 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 104,012 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 104,012 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Zhibao Technology in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Zhibao Technology Stock Performance

Zhibao Technology stock opened at $0.94 on Wednesday. The business has a fifty day moving average of $0.96 and a two-hundred day moving average of $1.00. Zhibao Technology has a twelve month low of $0.77 and a twelve month high of $2.14.

Zhibao Technology (NASDAQ:ZBAO) last announced its quarterly earnings results on Friday, January 9th. The company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $9.30 million during the quarter. On average, equities analysts forecast that Zhibao Technology will post 0.06 EPS for the current fiscal year.

Zhibao Technology Company Profile

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.