Short Interest in J-Long Group Limited (NASDAQ:JL) Declines By 66.9%

J-Long Group Limited (NASDAQ:JL) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 33,900 shares, a drop of 66.9% from the January 31st total of 102,500 shares. Currently, 3.3% of the company’s shares are short sold. Based on an average daily trading volume, of 148,700 shares, the short-interest ratio is currently 0.2 days.

J-Long Group Trading Up 1.4 %

NASDAQ:JL traded up $0.06 during midday trading on Friday, reaching $4.44. The company had a trading volume of 77,221 shares, compared to its average volume of 198,854. The stock’s fifty day simple moving average is $4.65 and its 200-day simple moving average is $4.11. J-Long Group has a 12-month low of $2.33 and a 12-month high of $270.10.

J-Long Group Company Profile

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online.