ICZOOM Group Inc. (NASDAQ:IZM) Sees Significant Decrease in Short Interest

ICZOOM Group Inc. (NASDAQ:IZM) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 63,800 shares, a drop of 20.1% from the January 15th total of 79,800 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 52,400 shares, the short-interest ratio is currently 1.2 days.

ICZOOM Group Stock Up 1.2 %

Shares of IZM traded up $0.02 during midday trading on Monday, reaching $1.26. 25,592 shares of the stock were exchanged, compared to its average volume of 53,996. ICZOOM Group has a 12-month low of $1.19 and a 12-month high of $52.21. The firm has a 50 day simple moving average of $1.61 and a 200-day simple moving average of $2.05.

About ICZOOM Group

ICZOOM Group Inc, together with its subsidiaries, sells electronic component products to customers in Hong Kong and the People's Republic of China. The company provides semiconductor products, including various integrated circuit, discretes, passive components, and optoelectronics; and equipment, tools, and other electronic component products comprising various electromechanical, maintenance, repair and operations, and various design tools.