JX Luxventure Limited (NASDAQ:JXJT) Sees Significant Increase in Short Interest

JX Luxventure Limited (NASDAQ:JXJT) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 523,600 shares, an increase of 5,033.3% from the October 31st total of 10,200 shares. Based on an average daily volume of 120,500 shares, the short-interest ratio is presently 4.3 days. Currently, 9.2% of the shares of the company are sold short.

JX Luxventure Price Performance

Shares of JXJT stock opened at $1.25 on Thursday. The company’s fifty day simple moving average is $1.56 and its two-hundred day simple moving average is $1.48. JX Luxventure has a 1 year low of $0.95 and a 1 year high of $8.51.

About JX Luxventure

JX Luxventure Limited provides tourism services and supplying related products in the People’s Republic of China. The company operates in Technology, Tourism Service, and Cross-Border E-Commerce segments. It engages in the sale of packaged group tour services; and provides health care, personal care, cosmetics, maternal and child, pet-related, universal cuisine and household products, and pre-owned electric cars through online and offline platforms.