ICZOOM Group Inc. (NASDAQ:IZM) Stock Short Interest Report for October

ICZOOM Group Inc. (NASDAQ:IZM) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 51,657 shares, an increase of 75.6% from the September 30th total of 29,414 shares. Based on an average daily trading volume, of 2,067,736 shares, the short-interest ratio is presently 0.0 days. Currently, 3.1% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of ICZOOM Group in a research note on Monday, July 6th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has an average rating of “Sell”.

ICZOOM Group Stock Performance

Shares of NASDAQ:IZM traded down $0.06 during trading on Friday, reaching $0.68. 16,954 shares of the company traded hands, compared to its average volume of 1,150,435. The company’s 50 day moving average is $1.07 and its two-hundred day moving average is $2.39. ICZOOM Group has a 52 week low of $0.66 and a 52 week high of $13.65.

About ICZOOM Group

ICZOOM Group Inc operates a business-to-business e-commerce platform that helps small and medium-sized enterprises in China source electronic components and other industrial products. Through its online marketplace, the company connects business customers with suppliers and supports procurement, order management and fulfillment.

The company’s product offerings include semiconductors, integrated circuits, capacitors, resistors, connectors, sensors, modules and other electronic components used in manufacturing and technology applications.