ZJK Industrial (NASDAQ:ZJK) Shares Down 8.3% – Here’s Why

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s share price traded down 8.3% on Tuesday . The stock traded as low as $10.10 and last traded at $10.11. 130,873 shares traded hands during trading, a decline of 85% from the average session volume of 878,099 shares. The stock had previously closed at $11.03.

ZJK Industrial Stock Down 2.0 %

The stock has a 50 day simple moving average of $6.82.

Institutional Investors Weigh In On ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. bought a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned about 0.06% of ZJK Industrial at the end of the most recent quarter.

About ZJK Industrial

(Get Free Report)

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.

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