J-Long Group Limited (NASDAQ:JL) Short Interest Update

J-Long Group Limited (NASDAQ:JL) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 11,735 shares, a drop of 33.9% from the January 29th total of 17,745 shares. Based on an average trading volume of 26,819 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 26,819 shares, the days-to-cover ratio is currently 0.4 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of J-Long Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

J-Long Group Stock Performance

NASDAQ:JL traded up $0.03 during trading hours on Friday, hitting $4.68. 13,854 shares of the company traded hands, compared to its average volume of 23,806. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.79 and a quick ratio of 2.36. The firm has a 50-day moving average of $4.84 and a 200 day moving average of $5.36. J-Long Group has a twelve month low of $1.50 and a twelve month high of $8.22.

J-Long Group (NASDAQ:JL) last posted its quarterly earnings data on Tuesday, December 23rd. The company reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $11.35 million for the quarter.

About J-Long Group

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. The company was founded in 1985 and is based in Tsuen Wan, Hong Kong.