ICZOOM Group Inc. (NASDAQ:IZM) Stock Short Interest Report for September

ICZOOM Group Inc. (NASDAQ:IZM) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 29,414 shares, a decline of 50.0% from the September 15th total of 58,774 shares. Based on an average daily volume of 188,444 shares, the short-interest ratio is presently 0.2 days. Approximately 1.8% of the company’s shares are sold short.

ICZOOM Group Stock Down 4.7%

ICZOOM Group stock traded down $0.04 during mid-day trading on Friday, reaching $0.80. 13,347 shares of the company traded hands, compared to its average volume of 344,978. The firm’s 50 day moving average price is $1.18 and its 200 day moving average price is $1.66. ICZOOM Group has a 52-week low of $0.71 and a 52-week high of $13.65.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of ICZOOM Group in a research report on Monday, July 6th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About ICZOOM Group

ICZOOM Group Inc (NASDAQ: IZM) operates a business-to-business e-commerce platform focused on the procurement and distribution of electronic components and related industrial products. The company’s platform is designed to provide small and medium-sized businesses with access to products from multiple suppliers through an integrated online purchasing experience.

Its product offerings include semiconductors, integrated circuits, discrete components, passive components, electromechanical components, modules and other electronic parts.