Jin Medical International Ltd. (NASDAQ:ZJYL) Sees Large Growth in Short Interest

Jin Medical International Ltd. (NASDAQ:ZJYL) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 15,058 shares, an increase of 67.3% from the March 31st total of 9,001 shares. Based on an average daily volume of 17,080 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are sold short.

Jin Medical International Price Performance

Shares of ZJYL stock opened at $2.16 on Monday. The stock has a 50-day simple moving average of $2.38 and a 200 day simple moving average of $3.87. Jin Medical International has a fifty-two week low of $1.64 and a fifty-two week high of $19.30.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Jin Medical International in a research note on Wednesday, April 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

About Jin Medical International

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.