ZW Data Action Technologies Inc. (NASDAQ:CNET) Short Interest Update

ZW Data Action Technologies Inc. (NASDAQ:CNET) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 13,400 shares, a decrease of 26.8% from the February 28th total of 18,300 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 38,500 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on ZW Data Action Technologies in a report on Friday. They set a “sell” rating on the stock.

ZW Data Action Technologies Trading Down 1.1 %

Shares of ZW Data Action Technologies stock traded down $0.02 during trading on Monday, hitting $1.49. The company’s stock had a trading volume of 6,179 shares, compared to its average volume of 74,213. The stock has a market cap of $2.88 million, a price-to-earnings ratio of -0.55 and a beta of 0.53. ZW Data Action Technologies has a 52 week low of $1.35 and a 52 week high of $4.53. The stock has a 50-day moving average price of $1.60 and a two-hundred day moving average price of $1.83. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.65 and a quick ratio of 1.65.

ZW Data Action Technologies Company Profile

ZW Data Action Technologies Inc, through its subsidiaries, offers omni-channel advertising, precision marketing, and data analysis management systems in the People’s Republic of China. The company offers Internet advertising, precision marketing, and related data services to small and medium enterprises through its Internet portals, including 28.com and liansuo.com that provide advertisers with tools to build sales channels in the form of franchisees, sales agents, distributors, and/or resellers.