ZK International Group Co., Ltd. (NASDAQ:ZKIN) Short Interest Down 25.3% in December

ZK International Group Co., Ltd. (NASDAQ:ZKIN) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 218,900 shares, a decrease of 25.3% from the December 15th total of 293,000 shares. Based on an average daily volume of 94,500 shares, the days-to-cover ratio is currently 2.3 days. Currently, 0.9% of the company’s stock are sold short.

ZK International Group Trading Down 7.0 %

Shares of NASDAQ:ZKIN opened at $0.57 on Wednesday. ZK International Group has a fifty-two week low of $0.38 and a fifty-two week high of $0.90. The firm has a 50-day simple moving average of $0.62 and a 200 day simple moving average of $0.55. The company has a quick ratio of 1.22, a current ratio of 1.55 and a debt-to-equity ratio of 0.30.

About ZK International Group

ZK International Group Co, Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.