Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Shares Shorted: Short Interest Up 315.7% in September

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 223,193 shares, a growth of 315.7% from the September 15th total of 53,688 shares. Based on an average daily volume of 2,771,012 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.5% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on JZ shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research report on Friday, September 4th. Wall Street Zen lowered Jianzhi Education Technology Group from a “hold” rating to a “sell” rating in a research report on Saturday, September 5th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.

Jianzhi Education Technology Group Stock Performance

JZ stock traded up $0.45 during mid-day trading on Friday, hitting $1.28. The company had a trading volume of 42,541,764 shares, compared to its average volume of 16,023,858. The stock’s fifty day moving average price is $1.33 and its two-hundred day moving average price is $334.35. Jianzhi Education Technology Group has a 12 month low of $0.37 and a 12 month high of $164.00.

Jianzhi Education Technology Group’s stock is scheduled to reverse split before the market opens on Thursday, October 15th. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, October 14th.

Jianzhi Education Technology Group (NASDAQ:JZ) last posted its quarterly earnings data on Friday, August 28th. The company reported ($0.05) EPS for the quarter. The company had revenue of $0.79 million during the quarter.

About Jianzhi Education Technology Group

Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) is a China-based education technology company that develops and provides digital educational content and related services. The company primarily serves higher education institutions, vocational colleges and other education organizations in China.

Its offerings include digital teaching materials, online courses, educational resources and technology-enabled learning solutions designed to support instructors and students. Jianzhi also provides services intended to help schools deliver, manage and enhance digital education programs, including content development and related technical support.

The company was established in China and has focused on the domestic education market.