Jin Medical International Ltd. (NASDAQ:ZJYL) Short Interest Update

Jin Medical International Ltd. (NASDAQ:ZJYL) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 164,395 shares, a growth of 107.5% from the December 31st total of 79,215 shares. Based on an average trading volume of 594,111 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 594,111 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered Jin Medical International from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, January 16th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Jin Medical International Stock Performance

ZJYL opened at $0.14 on Friday. Jin Medical International has a fifty-two week low of $0.11 and a fifty-two week high of $1.03. The company’s 50-day moving average is $0.21 and its 200 day moving average is $0.41.

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.