Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Rises By 34.5%

Jin Medical International Ltd. (NASDAQ:ZJYL) saw a large growth in short interest in 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 days-to-cover ratio is presently 1.6 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 137,527 shares, the days-to-cover ratio is presently 1.6 days.

Jin Medical International Trading Down 3.4%

Shares of NASDAQ ZJYL opened at $0.22 on Wednesday. Jin Medical International has a 52 week low of $0.18 and a 52 week high of $1.19. The firm has a 50-day moving average price of $0.25 and a 200 day moving average price of $0.48.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Jin Medical International from a “sell (d)” rating to a “hold (c-)” rating in a research note on Monday. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Jin Medical International currently has a consensus rating of “Hold”.

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.