China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) Short Interest Down 11.6% in November

China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 26,700 shares, a decline of 11.6% from the November 15th total of 30,200 shares. Based on an average daily trading volume, of 15,700 shares, the short-interest ratio is presently 1.7 days. Approximately 0.7% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of China Jo-Jo Drugstores in a research report on Sunday, December 8th. They issued a “sell” rating on the stock.

China Jo-Jo Drugstores Price Performance

Shares of CJJD stock traded down $0.02 during trading hours on Friday, reaching $1.85. 5,086 shares of the company were exchanged, compared to its average volume of 32,429. China Jo-Jo Drugstores has a fifty-two week low of $1.34 and a fifty-two week high of $3.59. The stock’s fifty day moving average is $2.03 and its two-hundred day moving average is $2.08.

About China Jo-Jo Drugstores

China Jo-Jo Drugstores, Inc, together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming.