Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Update

Zhibao Technology Inc. (NASDAQ:ZBAO) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 83,900 shares, a decline of 52.9% from the December 31st total of 178,000 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 231,200 shares, the short-interest ratio is currently 0.4 days.

Zhibao Technology Stock Performance

Shares of ZBAO opened at $1.60 on Thursday. Zhibao Technology has a 12 month low of $1.21 and a 12 month high of $5.70. The company has a 50-day moving average price of $1.97 and a two-hundred day moving average price of $3.03.

About Zhibao Technology

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.