Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Sees Significant Growth in Short Interest

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,172,597 shares, an increase of 1,940.7% from the May 31st total of 57,461 shares. Based on an average trading volume of 15,690,530 shares, the days-to-cover ratio is presently 0.1 days. Currently, 13.6% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research note on Tuesday, June 9th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Jianzhi Education Technology Group has a consensus rating of “Sell”.

Jianzhi Education Technology Group Price Performance

Jianzhi Education Technology Group stock opened at $0.14 on Friday. The stock’s fifty day moving average is $31.83 and its two-hundred day moving average is $43.56. Jianzhi Education Technology Group has a fifty-two week low of $0.14 and a fifty-two week high of $3.28.

Jianzhi Education Technology Group’s stock is going to reverse split on the morning of Monday, July 6th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, July 5th.

Jianzhi Education Technology Group (NASDAQ:JZ) last released its earnings results on Monday, April 13th. The company reported ($2.50) earnings per share (EPS) for the quarter. The company had revenue of $4.48 million for the quarter.

About Jianzhi Education Technology Group

Jianzhi Education Technology Group, Inc (NASDAQ: JZ) is a China-based provider of online after-school tutoring services for children and teenagers. The company’s curriculum focuses on core K-12 subjects—including mathematics, English and Chinese language arts—along with targeted test-preparation courses designed to support students preparing for national and regional examinations.

Leveraging a proprietary live-streaming platform, Jianzhi delivers both one-on-one tutoring sessions and small-group classes through interactive video, digital whiteboards and adaptive learning tools.