Jowell Global Ltd. (NASDAQ:JWEL) Short Interest Update

by · The Cerbat Gem

Jowell Global Ltd. (NASDAQ:JWEL – Get Free Report) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 22,458 shares, a decrease of 56.3% from the December 15th total of 51,449 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average trading volume of 23,391 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 23,391 shares, the short-interest ratio is currently 1.0 days. Approximately 1.3% of the company’s stock are short sold.

Jowell Global Price Performance

JWEL stock traded down $0.02 during mid-day trading on Wednesday, hitting $2.12. 7,910 shares of the company were exchanged, compared to its average volume of 39,457. The firm has a fifty day simple moving average of $2.22 and a 200 day simple moving average of $2.05. Jowell Global has a twelve month low of $1.47 and a twelve month high of $3.24.

Institutional Trading of Jowell Global

An institutional investor recently bought a new position in Jowell Global stock. Citadel Advisors LLC acquired a new stake in shares of Jowell Global Ltd. (NASDAQ:JWEL – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,947 shares of the company’s stock, valued at approximately $37,000. Citadel Advisors LLC owned approximately 0.97% of Jowell Global as of its most recent SEC filing. Institutional investors and hedge funds own 0.08% of the company’s stock.

About Jowell Global

(Get Free Report)

Jowell Global Limited is a Cayman Islands exempted special purpose acquisition company (“SPAC”) formed to effect a merger, capital stock exchange, asset acquisition or similar business combination with one or more private businesses. The company has no commercial operations of its own and holds its funds in trust pending the completion of an initial business combination.

Since its formation, Jowell Global has targeted opportunities in the technology, consumer and healthcare sectors, with a particular focus on companies operating in Greater China and North America.

Featured Articles