Jin Medical International Ltd. (NASDAQ:ZJYL) Sees Large Drop in Short Interest

Jin Medical International Ltd. (NASDAQ:ZJYL) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 626,100 shares, a decrease of 29.1% from the November 30th total of 883,200 shares. Based on an average daily trading volume, of 333,300 shares, the short-interest ratio is presently 1.9 days. Approximately 1.7% of the company’s shares are short sold.

Jin Medical International Price Performance

NASDAQ:ZJYL opened at $1.05 on Friday. The business’s 50-day moving average price is $1.32 and its two-hundred day moving average price is $2.35. Jin Medical International has a 1-year low of $0.70 and a 1-year high of $16.60.

About Jin Medical International

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.