Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Expands By 114.0%

Jin Medical International Ltd. (NASDAQ:ZJYL) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 1,340,000 shares, an increase of 114.0% from the December 31st total of 626,100 shares. Currently, 3.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 433,800 shares, the days-to-cover ratio is currently 3.1 days.

Jin Medical International Trading Up 1.3 %

Shares of NASDAQ ZJYL opened at $0.80 on Wednesday. Jin Medical International has a 52-week low of $0.70 and a 52-week high of $16.60. The firm’s fifty day moving average is $0.89 and its two-hundred day moving average is $2.05.

Jin Medical International Company Profile

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.