Jin Medical International Ltd. (NASDAQ:ZJYL) Short Interest Up 58.1% in March

Jin Medical International Ltd. (NASDAQ:ZJYLGet Free Report) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 275,096 shares, an increase of 58.1% from the February 26th total of 174,040 shares. Currently, 3.5% of the company’s stock are short sold. Based on an average daily volume of 549,570 shares, the days-to-cover ratio is presently 0.5 days.

Analysts Set New Price Targets

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

View Our Latest Stock Report on ZJYL

Jin Medical International Stock Down 2.6%

Jin Medical International stock opened at $1.87 on Friday. Jin Medical International has a one year low of $1.82 and a one year high of $19.70. The business’s fifty day moving average is $2.68 and its 200 day moving average is $5.25.

Jin Medical International Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Jin Medical International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jin Medical International and related companies with MarketBeat.com's FREE daily email newsletter.