Short Interest in ZK International Group Co., Ltd. (NASDAQ:ZKIN) Drops By 22.0%

ZK International Group Co., Ltd. (NASDAQ:ZKIN) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 72,500 shares, a decrease of 22.0% from the February 13th total of 93,000 shares. Based on an average daily volume of 126,700 shares, the short-interest ratio is currently 0.6 days. Approximately 1.9% of the shares of the company are sold short.

ZK International Group Price Performance

NASDAQ:ZKIN opened at $1.27 on Wednesday. ZK International Group has a one year low of $1.24 and a one year high of $6.30. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.99 and a current ratio of 1.26. The business has a fifty day moving average price of $2.67 and a 200-day moving average price of $3.49.

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.