J-Long Group Limited (NASDAQ:JL) Short Interest Down 11.6% in August

J-Long Group Limited (NASDAQ:JL) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 259,600 shares, a drop of 11.6% from the August 15th total of 293,500 shares. Currently, 2.5% of the shares of the company are sold short. Based on an average trading volume of 237,100 shares, the short-interest ratio is currently 1.1 days.

J-Long Group Stock Performance

JL traded down $0.00 on Wednesday, reaching $0.38. 25,408 shares of the stock were exchanged, compared to its average volume of 820,535. The company’s 50-day moving average price is $0.42 and its 200 day moving average price is $0.71. J-Long Group has a fifty-two week low of $0.30 and a fifty-two week high of $29.95.

Institutional Investors Weigh In On J-Long Group

An institutional investor recently bought a new position in J-Long Group stock. Virtu Financial LLC acquired a new stake in J-Long Group Limited (NASDAQ:JL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 72,033 shares of the company’s stock, valued at approximately $72,000. Virtu Financial LLC owned 0.24% of J-Long Group as of its most recent SEC filing.

J-Long Group Company Profile

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online.