Jin Medical International Ltd. (NASDAQ:ZJYL) Sees Large Growth in Short Interest

Jin Medical International Ltd. (NASDAQ:ZJYL) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 2,700,000 shares, a growth of 126.9% from the September 30th total of 1,190,000 shares. Approximately 7.1% of the shares of the company are sold short. Based on an average daily volume of 255,400 shares, the days-to-cover ratio is currently 10.6 days.

Jin Medical International Stock Performance

ZJYL opened at $2.18 on Friday. The business has a fifty day simple moving average of $2.71 and a 200 day simple moving average of $2.99. Jin Medical International has a 1 year low of $0.42 and a 1 year high of $25.49.

About Jin Medical International

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.