Julong Holding Ltd (NASDAQ:JLHL) Sees Large Growth in Short Interest

Julong Holding Ltd (NASDAQ:JLHL) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 314,963 shares, an increase of 1,787.7% from the June 30th total of 16,685 shares. Currently, 2.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,308,086 shares, the short-interest ratio is presently 0.0 days.

Julong Stock Down 2.1%

JLHL stock traded down $0.13 during mid-day trading on Friday, hitting $6.08. The stock had a trading volume of 215,475 shares, compared to its average volume of 6,488,003. Julong has a 52 week low of $2.70 and a 52 week high of $57.95. The stock’s fifty day moving average is $18.85.

Analyst Ratings Changes

JLHL has been the topic of a number of recent research reports. Wall Street Zen upgraded Julong to a “hold” rating in a research note on Saturday, April 25th. Weiss Ratings upgraded Julong from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, July 1st. 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”.

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.