Short Interest in ICZOOM Group Inc. (NASDAQ:IZM) Rises By 50.7%

ICZOOM Group Inc. (NASDAQ:IZM) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 87,400 shares, a growth of 50.7% from the February 13th total of 58,000 shares. Based on an average daily volume of 56,900 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.2% of the company’s shares are short sold.

ICZOOM Group Price Performance

ICZOOM Group stock traded up $0.02 during trading hours on Friday, hitting $1.71. The stock had a trading volume of 27,679 shares, compared to its average volume of 269,499. ICZOOM Group has a one year low of $1.18 and a one year high of $52.21. The business’s 50 day simple moving average is $1.41 and its 200-day simple moving average is $1.96.

ICZOOM Group Company Profile

ICZOOM Group Inc, together with its subsidiaries, sells electronic component products to customers in Hong Kong and the People's Republic of China. The company provides semiconductor products, including various integrated circuit, discretes, passive components, and optoelectronics; and equipment, tools, and other electronic component products comprising various electromechanical, maintenance, repair and operations, and various design tools.