Jin Medical International Ltd. (NASDAQ:ZJYL) Sees Large Increase in Short Interest

Jin Medical International Ltd. (NASDAQ:ZJYL) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 1,340,000 shares, an increase of 114.0% from the December 15th total of 626,100 shares. Based on an average daily volume of 433,800 shares, the short-interest ratio is presently 3.1 days. Currently, 3.5% of the shares of the stock are short sold.

Jin Medical International Price Performance

Shares of ZJYL stock opened at $0.91 on Tuesday. The business’s 50-day moving average price is $1.05 and its 200-day moving average price is $2.19. Jin Medical International has a 12 month low of $0.70 and a 12 month high of $16.60.

Jin Medical International Company Profile

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.