Jin Medical International Ltd. (NASDAQ:ZJYL) Short Interest Update

Jin Medical International Ltd. (NASDAQ:ZJYL) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 7,826 shares, a decline of 58.6% from the June 15th total of 18,894 shares. Based on an average daily trading volume, of 22,603 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Jin Medical International Trading Down 0.5%

Shares of ZJYL opened at $1.86 on Tuesday. The company has a 50-day moving average of $2.31 and a two-hundred day moving average of $2.67. Jin Medical International has a one year low of $1.64 and a one year high of $17.18.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Jin Medical International from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Jin Medical International presently has an average rating of “Sell”.

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. Jin Medical International Ltd. is a subsidiary of Jolly Harmony Enterprises Limited.