Jowell Global Ltd. (NASDAQ:JWEL) Sees Significant Decline in Short Interest

Jowell Global Ltd. (NASDAQ:JWEL) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 12,000 shares, a drop of 58.6% from the September 15th total of 29,000 shares. Based on an average trading volume of 74,800 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Shares of JWEL opened at $5.59 on Thursday. Jowell Global has a 52-week low of $4.22 and a 52-week high of $11.00. The business’s fifty day moving average is $5.49 and its 200-day moving average is $6.36.

Large investors have recently made changes to their positions in the company. Virtu Financial LLC bought a new stake in Jowell Global during the 2nd quarter worth approximately $66,000. Geode Capital Management LLC bought a new position in Jowell Global in the second quarter valued at $76,000. Citadel Advisors LLC bought a new position in shares of Jowell Global during the second quarter valued at about $103,000. Finally, Millennium Management LLC purchased a new stake in shares of Jowell Global during the first quarter worth about $279,000. 0.13% of the stock is currently owned by institutional investors.

About Jowell Global

Jowell Global Ltd. engages in the online retail of cosmetics, health and nutritional supplements, and household products in China. It also sells skin care, body care, and baby and children products; washing items; fragrances; food products; electronics; and apparel. In addition, it sells its products through retail stores under the Love Home brand name.

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