Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Sees Large Growth in Short Interest

by · The Markets Daily

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ – Get Free Report) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 1,172,597 shares, an increase of 1,940.7% from the May 31st total of 57,461 shares. Based on an average daily volume of 15,690,530 shares, the days-to-cover ratio is presently 0.1 days. Currently, 13.6% of the shares of the company are sold short.

Jianzhi Education Technology Group Trading Down 9.7%

Shares of NASDAQ:JZ traded down $0.01 during trading on Thursday, reaching $0.14. The company had a trading volume of 6,438,843 shares, compared to its average volume of 10,932,368. The firm’s fifty day moving average is $31.83 and its 200 day moving average is $43.56. Jianzhi Education Technology Group has a twelve month low of $0.14 and a twelve month high of $3.28.

Jianzhi Education Technology Group’s stock is scheduled to reverse split before the market opens on Monday, July 6th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, July 5th.

Jianzhi Education Technology Group (NASDAQ:JZ – Get Free Report) last announced its earnings results on Monday, April 13th. The company reported ($2.50) EPS for the quarter. The company had revenue of $4.48 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research note on Tuesday, June 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Read Our Latest Stock Report on JZ

About Jianzhi Education Technology Group

(Get Free Report)

Jianzhi Education Technology Group, Inc (NASDAQ: JZ) is a China-based provider of online after-school tutoring services for children and teenagers. The company’s curriculum focuses on core K-12 subjects—including mathematics, English and Chinese language arts—along with targeted test-preparation courses designed to support students preparing for national and regional examinations.

Leveraging a proprietary live-streaming platform, Jianzhi delivers both one-on-one tutoring sessions and small-group classes through interactive video, digital whiteboards and adaptive learning tools.

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