Short Interest in ZK International Group Co., Ltd. (NASDAQ:ZKIN) Decreases By 26.6%

ZK International Group Co., Ltd. (NASDAQ:ZKIN) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 53,200 shares, a decline of 26.6% from the February 28th total of 72,500 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily volume of 127,800 shares, the short-interest ratio is currently 0.4 days.

ZK International Group Stock Down 4.4 %

Shares of NASDAQ ZKIN opened at $1.31 on Friday. The business has a fifty day simple moving average of $2.22 and a 200 day simple moving average of $3.39. 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 has a one year low of $1.21 and a one year high of $6.30.

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.