Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Update

Zhibao Technology Inc. (NASDAQ:ZBAO) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 83,900 shares, a drop of 52.9% from the December 31st total of 178,000 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 231,200 shares, the days-to-cover ratio is currently 0.4 days.

Zhibao Technology Stock Performance

Shares of Zhibao Technology stock opened at $1.58 on Friday. The business has a fifty day simple moving average of $1.95 and a 200-day simple moving average of $3.02. Zhibao Technology has a fifty-two week low of $1.21 and a fifty-two week high of $5.70.

Zhibao Technology Company Profile

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.