ZK International Group Co., Ltd. (NASDAQ:ZKIN) Short Interest Update

ZK International Group Co., Ltd. (NASDAQ:ZKIN) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 93,000 shares, a decline of 36.9% from the January 31st total of 147,500 shares. Based on an average trading volume of 123,400 shares, the days-to-cover ratio is currently 0.8 days. Approximately 2.5% of the shares of the stock are sold short.

ZK International Group Price Performance

ZKIN opened at $1.52 on Tuesday. ZK International Group has a twelve month low of $1.38 and a twelve month high of $6.30. The firm’s 50-day moving average price is $3.45 and its 200 day moving average price is $3.67. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.99 and a current ratio of 1.26.

ZK International Group Company Profile

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.