Jin Medical International Ltd. (NASDAQ:ZJYL) Short Interest Update

Jin Medical International Ltd. (NASDAQ:ZJYL) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 18,894 shares, an increase of 72.1% from the May 31st total of 10,979 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,462,657 shares, the days-to-cover ratio is presently 0.0 days.

Jin Medical International Stock Performance

ZJYL stock remained flat at $1.89 during trading on Thursday. 4,928 shares of the company traded hands, compared to its average volume of 162,265. Jin Medical International has a one year low of $1.64 and a one year high of $17.18. The stock has a 50-day simple moving average of $2.35 and a 200 day simple moving average of $2.79.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of Jin Medical International from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Jin Medical International currently has a consensus rating of “Sell”.

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. Jin Medical International Ltd. is a subsidiary of Jolly Harmony Enterprises Limited.