ZJK Industrial Co., Ltd. (NASDAQ:ZJK) Short Interest Down 46.3% in December

by · The Markets Daily

ZJK Industrial Co., Ltd. (NASDAQ:ZJK – Get Free Report) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 27,036 shares, a decline of 46.3% from the December 15th total of 50,341 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 29,996 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 29,996 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On ZJK Industrial

A number of large investors have recently added to or reduced their stakes in ZJK. Geode Capital Management LLC boosted its position in ZJK Industrial by 150.0% during the second quarter. Geode Capital Management LLC now owns 42,267 shares of the company’s stock worth $164,000 after purchasing an additional 25,362 shares during the period. State of Wyoming acquired a new stake in ZJK Industrial during the second quarter worth approximately $31,000. Finally, Citadel Advisors LLC acquired a new position in shares of ZJK Industrial in the third quarter valued at approximately $52,000.

ZJK Industrial Trading Down 2.2%

Shares of NASDAQ:ZJK opened at $2.21 on Friday. ZJK Industrial has a 52-week low of $1.69 and a 52-week high of $10.00. The company has a 50-day simple moving average of $2.36 and a 200 day simple moving average of $3.01.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of ZJK Industrial in a research note on Friday, January 9th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on ZJK Industrial

ZJK Industrial Company Profile

(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. ZJK Industrial Co Ltd. is based in Shenzhen, China.

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