Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Drops By 29.1%

Jin Medical International Ltd. (NASDAQ:ZJYL) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 626,100 shares, a drop of 29.1% from the November 30th total of 883,200 shares. Approximately 1.7% of the company’s stock are sold short. Based on an average daily volume of 333,300 shares, the days-to-cover ratio is presently 1.9 days.

Jin Medical International Stock Performance

Shares of ZJYL stock opened at $1.05 on Monday. Jin Medical International has a fifty-two week low of $0.70 and a fifty-two week high of $16.60. The company has a 50 day moving average price of $1.32 and a 200 day moving average price of $2.35.

Jin Medical International Company Profile

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.