J-Long Group Limited (NASDAQ:JL) Short Interest Update

J-Long Group Limited (NASDAQ:JL) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 259,600 shares, a drop of 11.6% from the August 15th total of 293,500 shares. Approximately 2.5% of the shares of the stock are short sold. Based on an average trading volume of 237,100 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On J-Long Group

A hedge fund recently bought a new stake in J-Long Group stock. Virtu Financial LLC bought a new stake in shares of J-Long Group Limited (NASDAQ:JL) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 72,033 shares of the company’s stock, valued at approximately $72,000. Virtu Financial LLC owned approximately 0.24% of J-Long Group at the end of the most recent reporting period.

J-Long Group Trading Down 2.3 %

JL traded down $0.01 during trading on Wednesday, reaching $0.37. The company had a trading volume of 42,831 shares, compared to its average volume of 820,641. J-Long Group has a 12-month low of $0.30 and a 12-month high of $29.95. The firm’s 50-day simple moving average is $0.42 and its 200 day simple moving average is $0.71.

About J-Long Group

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online.