Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Down 87.1% in May

Zhibao Technology Inc. (NASDAQ:ZBAOGet Free Report) saw a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 18,100 shares, a drop of 87.1% from the May 15th total of 140,000 shares. Based on an average daily volume of 267,600 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

Zhibao Technology Stock Performance

NASDAQ:ZBAO opened at $1.02 on Friday. Zhibao Technology has a 52 week low of $0.85 and a 52 week high of $4.50. The stock’s 50-day moving average price is $1.09 and its 200-day moving average price is $1.44.

Zhibao Technology Company Profile

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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.

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