ICZOOM Group Inc. (NASDAQ:IZM) Sees Large Growth in Short Interest

ICZOOM Group Inc. (NASDAQ:IZM) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 73,600 shares, a growth of 5.1% from the September 30th total of 70,000 shares. Based on an average daily volume of 66,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.2% of the company’s stock are short sold.

ICZOOM Group Price Performance

Shares of IZM stock traded up $0.01 during trading hours on Thursday, reaching $2.10. 18,565 shares of the company’s stock were exchanged, compared to its average volume of 373,387. ICZOOM Group has a 1 year low of $1.86 and a 1 year high of $52.21. The stock’s fifty day moving average price is $2.38 and its two-hundred day moving average price is $2.99.

ICZOOM Group Company Profile

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.