Jowell Global Ltd. (NASDAQ:JWEL) Short Interest Down 22.5% in February

Jowell Global Ltd. (NASDAQ:JWEL) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 28,600 shares, a decline of 22.5% from the January 31st total of 36,900 shares. Currently, 1.6% of the company’s stock are sold short. Based on an average daily volume of 31,300 shares, the days-to-cover ratio is presently 0.9 days.

Jowell Global Trading Down 4.3 %

Shares of Jowell Global stock opened at $2.70 on Tuesday. The stock has a 50-day simple moving average of $2.93 and a 200-day simple moving average of $2.33. Jowell Global has a 52-week low of $1.00 and a 52-week high of $3.71.

Institutional Investors Weigh In On Jowell Global

An institutional investor recently bought a new position in Jowell Global stock. Renaissance Technologies LLC bought a new position in shares of Jowell Global Ltd. (NASDAQ:JWEL) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 11,500 shares of the company’s stock, valued at approximately $36,000. Renaissance Technologies LLC owned 0.53% of Jowell Global as of its most recent SEC filing. 0.08% of the stock is owned by institutional investors and hedge funds.

Jowell Global Company Profile

Jowell Global Ltd. engages in the online retail of cosmetics, health and nutritional supplements, and household products in China. It also sells skin care, body care, and baby and children's products; washing items; fragrances; food products; electronics; and apparel. In addition, it sells its products through retail stores under the Love Home Store, LHH Store, and Juhao Best Choice Store brand names.