ICZOOM Group Inc. (NASDAQ:IZM) Stock Short Interest Report for September

ICZOOM Group Inc. (NASDAQ:IZM) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 29,414 shares, a decrease of 50.0% from the September 15th total of 58,774 shares. Currently, 1.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 188,444 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of ICZOOM Group in a research note on Monday, July 6th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, ICZOOM Group currently has a consensus rating of “Sell”.

ICZOOM Group Price Performance

IZM stock traded down $0.12 during midday trading on Thursday, hitting $0.84. The stock had a trading volume of 122,537 shares, compared to its average volume of 346,612. The business has a 50-day moving average of $1.18 and a two-hundred day moving average of $1.68. ICZOOM Group has a 52-week low of $0.71 and a 52-week high of $13.65.

About ICZOOM Group

ICZOOM Group Inc (NASDAQ: IZM) operates a business-to-business e-commerce platform focused on the procurement and distribution of electronic components and related industrial products. The company’s platform is designed to provide small and medium-sized businesses with access to products from multiple suppliers through an integrated online purchasing experience.

Its product offerings include semiconductors, integrated circuits, discrete components, passive components, electromechanical components, modules and other electronic parts.