Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Update

Zhibao Technology Inc. (NASDAQ:ZBAO) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 14,000 shares, an increase of 25.0% from the August 15th total of 11,200 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 12,700 shares, the short-interest ratio is currently 1.1 days.

Zhibao Technology Price Performance

ZBAO stock opened at $3.90 on Tuesday. The business’s fifty day moving average price is $3.64. Zhibao Technology has a 52 week low of $2.67 and a 52 week high of $5.70.

About Zhibao Technology

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.