Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Shares Shorted: Short Interest Down 52.6% in September

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 53,688 shares, a drop of 52.6% from the August 31st total of 113,161 shares. Based on an average daily volume of 1,521,712 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.4% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on JZ shares. Wall Street Zen cut shares of Jianzhi Education Technology Group from a “hold” rating to a “sell” rating in a research note on Saturday, September 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a report on Friday, September 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Jianzhi Education Technology Group has an average rating of “Sell”.

Jianzhi Education Technology Group Stock Performance

NASDAQ:JZ traded up $0.05 during midday trading on Tuesday, hitting $0.48. 19,842,421 shares of the company traded hands, compared to its average volume of 572,718. The firm’s fifty day moving average is $1.65 and its 200-day moving average is $390.33. Jianzhi Education Technology Group has a 12-month low of $0.37 and a 12-month high of $164.00.

Jianzhi Education Technology Group (NASDAQ:JZ) last posted its quarterly earnings data on Friday, August 28th. The company reported ($0.05) EPS for the quarter. The business had revenue of $0.79 million for the quarter.

About Jianzhi Education Technology Group

Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) is a China-based education technology company that develops and provides digital educational content, software and related services. Its offerings are designed to support teaching, learning and administration across educational institutions, with a focus on technology-enabled education.

The company provides educational materials and digital learning resources, including course content, online learning products and other instructional solutions.