Short Interest in J-Long Group Limited (NASDAQ:JL) Rises By 26.4%

J-Long Group Limited (NASDAQ:JL) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 17,745 shares, a growth of 26.4% from the January 15th total of 14,043 shares. Based on an average daily volume of 107,245 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 107,245 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e)” rating on shares of J-Long Group in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

J-Long Group Trading Up 1.7%

Shares of NASDAQ:JL opened at $4.19 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.79 and a quick ratio of 2.36. The business’s 50 day simple moving average is $5.08 and its 200-day simple moving average is $5.43. J-Long Group has a 12 month low of $1.50 and a 12 month high of $8.22.

J-Long Group (NASDAQ:JL) last released its quarterly earnings data on Tuesday, December 23rd. The company reported $0.31 earnings per share for the quarter. The firm had revenue of $11.35 million during the quarter.

About J-Long Group

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online. The company was founded in 1985 and is based in Tsuen Wan, Hong Kong.