Jin Medical International Ltd. (NASDAQ:ZJYL) Short Interest Up 114.0% in December

Jin Medical International Ltd. (NASDAQ:ZJYL) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 1,340,000 shares, a growth of 114.0% from the December 15th total of 626,100 shares. Currently, 3.5% of the shares of the stock are short sold. Based on an average trading volume of 433,800 shares, the days-to-cover ratio is presently 3.1 days.

Jin Medical International Price Performance

Shares of Jin Medical International stock opened at $1.04 on Wednesday. The firm has a 50 day simple moving average of $1.03 and a 200 day simple moving average of $2.18. Jin Medical International has a fifty-two week low of $0.70 and a fifty-two week high of $16.60.

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.