Jowell Global Ltd. (NASDAQ:JWEL) Stock Short Interest Falls 66.9%

Jowell Global Ltd. (NASDAQ:JWEL) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 13,276 shares, a decline of 66.9% from the September 15th total of 40,165 shares. Based on an average daily volume of 30,345 shares, the short-interest ratio is currently 0.4 days. Approximately 0.7% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Jowell Global in a research note on Friday, August 21st. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.

Jowell Global Price Performance

Shares of Jowell Global stock traded up $0.01 on Tuesday, hitting $2.29. The company’s stock had a trading volume of 7,264 shares, compared to its average volume of 506,603. Jowell Global has a 52-week low of $1.47 and a 52-week high of $5.17. The firm has a fifty day moving average price of $2.43 and a 200-day moving average price of $2.35.

About Jowell Global

Jowell Global Ltd. (NASDAQ: JWEL) is a China-based consumer products and e-commerce company. The company markets a range of products through online retail and social-commerce channels, serving consumers directly through digital platforms and distribution networks.

Its product categories have included health and wellness products, beauty and personal-care items, household cleaning products, food and beverages, kitchenware, and other everyday consumer goods. Jowell Global has used a membership-oriented model and online sales channels to promote products and support customer engagement.

Founded in 2012 and headquartered in Shanghai, China, the company primarily serves the Chinese market.