Short Interest in INLIF Limited (NASDAQ:INLF) Grows By 353.5%

INLIF Limited (NASDAQ:INLF) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 47,716 shares, a growth of 353.5% from the November 30th total of 10,521 shares. Based on an average daily trading volume, of 873,536 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 873,536 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of INLIF in a report on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

INLIF Trading Down 1.9%

Shares of INLF stock opened at $0.51 on Friday. INLIF has a fifty-two week low of $0.50 and a fifty-two week high of $21.00. The business’s 50 day moving average price is $0.65 and its 200-day moving average price is $0.87.

INLIF (NASDAQ:INLF) last announced its quarterly earnings results on Monday, September 29th. The company reported ($0.06) EPS for the quarter. The company had revenue of $5.14 million during the quarter.

INLIF Company Profile

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.