Short Interest in Jowell Global Ltd. (NASDAQ:JWEL) Declines By 63.8%

Jowell Global Ltd. (NASDAQ:JWELGet Free Report) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 4,018 shares, a decline of 63.8% from the March 15th total of 11,088 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 7,574 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Jowell Global

A hedge fund recently bought a new stake in Jowell Global stock. Citadel Advisors LLC acquired a new stake in Jowell Global Ltd. (NASDAQ:JWELFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 20,947 shares of the company’s stock, valued at approximately $37,000. Citadel Advisors LLC owned about 0.97% of Jowell Global at the end of the most recent reporting period. 0.08% of the stock is currently owned by hedge funds and other institutional investors.

Jowell Global Trading Down 0.4%

Shares of Jowell Global stock traded down $0.01 during trading hours on Tuesday, reaching $2.39. 7,894 shares of the company’s stock were exchanged, compared to its average volume of 13,021. The company has a 50 day moving average of $2.36 and a two-hundred day moving average of $2.16. Jowell Global has a fifty-two week low of $1.47 and a fifty-two week high of $2.98.

Jowell Global Company Profile

(Get Free Report)

Jowell Global Limited is a Cayman Islands exempted special purpose acquisition company (“SPAC”) formed to effect a merger, capital stock exchange, asset acquisition or similar business combination with one or more private businesses. The company has no commercial operations of its own and holds its funds in trust pending the completion of an initial business combination.

Since its formation, Jowell Global has targeted opportunities in the technology, consumer and healthcare sectors, with a particular focus on companies operating in Greater China and North America.

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