Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Update

Zhibao Technology Inc. (NASDAQ:ZBAOGet Free Report) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 83,900 shares, a drop of 52.9% from the December 15th total of 178,000 shares. Based on an average daily volume of 231,200 shares, the short-interest ratio is currently 0.4 days. Currently, 1.0% of the company’s shares are sold short.

Zhibao Technology Trading Up 2.0 %

Zhibao Technology stock opened at $1.51 on Wednesday. Zhibao Technology has a 12-month low of $1.39 and a 12-month high of $5.70. The firm’s fifty day moving average is $2.44 and its 200 day moving average is $3.23.

About Zhibao Technology

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Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.

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