Jin Medical International Ltd. (NASDAQ:ZJYL) Short Interest Up 4,358.3% in August

Jin Medical International Ltd. (NASDAQ:ZJYL) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 147,882 shares, a growth of 4,358.3% from the July 30th total of 3,317 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 4,114,570 shares, the days-to-cover ratio is currently 0.0 days.

Jin Medical International Price Performance

Shares of ZJYL traded down $0.27 during mid-day trading on Tuesday, reaching $2.77. The company had a trading volume of 87,870 shares, compared to its average volume of 394,701. Jin Medical International has a twelve month low of $1.53 and a twelve month high of $17.00. The company has a current ratio of 1.95, a quick ratio of 1.70 and a debt-to-equity ratio of 0.10. The company’s 50-day moving average is $2.32 and its 200-day moving average is $2.39.

Jin Medical International (NASDAQ:ZJYL) last posted its earnings results on Tuesday, August 4th. The company reported ($0.01) EPS for the quarter. The company had revenue of $4.46 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of Jin Medical International from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock 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.