China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD – Get Free Report) saw a large drop in short interest in November. As of November 30th, there was short interest totalling 26,700 shares, a drop of 11.6% from the November 15th total of 30,200 shares. Based on an average trading volume of 15,700 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.7% of the shares of the stock are short sold.
China Jo-Jo Drugstores Price Performance
CJJD traded up $0.03 during trading on Monday, hitting $1.88. The company’s stock had a trading volume of 11,594 shares, compared to its average volume of 32,341. China Jo-Jo Drugstores has a twelve month low of $1.34 and a twelve month high of $3.59. The stock’s fifty day moving average price is $2.03 and its 200-day moving average price is $2.08.
Analyst Ratings Changes
Separately, StockNews.com began coverage on shares of China Jo-Jo Drugstores in a report on Monday. They issued a “sell” rating for the company.
China Jo-Jo Drugstores Company Profile
China Jo-Jo Drugstores, Inc, together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming.
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