INLIF Limited (NASDAQ:INLF) Sees Significant Increase in Short Interest

INLIF Limited (NASDAQ:INLFGet Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 426,209 shares, a growth of 625.4% from the June 15th total of 58,753 shares. Approximately 608.9% of the shares of the stock are sold short. Based on an average daily volume of 500,610,857 shares, the days-to-cover ratio is currently 0.0 days.

INLIF Price Performance

Shares of INLF stock traded down $0.20 on Friday, hitting $3.43. 360,350 shares of the company’s stock traded hands, compared to its average volume of 871,309. The company’s fifty day simple moving average is $521.01 and its 200 day simple moving average is $1,012.09. INLIF has a one year low of $3.33 and a one year high of $4,599.04.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded INLIF from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Check Out Our Latest Report on INLF

INLIF Company Profile

(Get Free Report)

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.

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