Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Rises By 4,358.3%

Jin Medical International Ltd. (NASDAQ:ZJYL) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 147,882 shares, an increase of 4,358.3% from the July 30th total of 3,317 shares. Based on an average daily volume of 4,114,570 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.2% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

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

Jin Medical International Trading Down 8.9%

NASDAQ:ZJYL opened at $2.77 on Wednesday. The company has a current ratio of 1.95, a quick ratio of 1.70 and a debt-to-equity ratio of 0.10. The firm’s fifty day simple moving average is $2.33 and its 200 day simple moving average is $2.39. Jin Medical International has a twelve month low of $1.53 and a twelve month high of $17.00.

Jin Medical International (NASDAQ:ZJYL) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.01) EPS for the quarter. The business had revenue of $4.46 million for the quarter.

About Jin Medical International

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.