Julong Holding Ltd (NASDAQ:JLHL) Short Interest Down 72.3% in August

Julong Holding Ltd (NASDAQ:JLHL) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 69,829 shares, a drop of 72.3% from the July 30th total of 251,866 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 3,541,680 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings raised Julong from a “sell (d-)” rating to a “sell (d)” rating in a research note on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Julong Stock Down 4.4%

Shares of NASDAQ:JLHL traded down $0.29 on Friday, hitting $6.28. 51,494 shares of the company’s stock were exchanged, compared to its average volume of 1,904,682. Julong has a 12 month low of $2.70 and a 12 month high of $57.95. The business’s 50 day simple moving average is $8.75 and its two-hundred day simple moving average is $11.83.

Julong (NASDAQ:JLHL) last posted its quarterly earnings results on Wednesday, August 19th. The company reported $0.04 EPS for the quarter. The company had revenue of $9.01 million during the quarter.

About Julong

Our Mission We aspire to be a pioneer and a leader in China’s intelligent integrated solutions industry that exceed customers’ expectations, embrace innovation, invest in technologies and effect improvements in the industry. Our Values The following core values are fundamental to the way we operate our business: . Higher Quality. We pursue the highest industry standards by enriching our solution offerings, improving service quality, and enhancing operational efficiency. . Newer Technology. We maintain a relentless focus on technological innovations, continuously invest in research and development, and provide customers with the most up-to-date technological solutions.