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

ICZOOM Group Inc. (NASDAQ:IZM) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 51,657 shares, a growth of 75.6% from the September 30th total of 29,414 shares. Based on an average trading volume of 2,067,736 shares, the days-to-cover ratio is presently 0.0 days. Currently, 3.1% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of ICZOOM Group in a report on Monday, July 6th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

ICZOOM Group Stock Performance

IZM traded up $0.01 during midday trading on Tuesday, reaching $0.67. 3,180 shares of the company’s stock were exchanged, compared to its average volume of 326,498. The business’s 50-day moving average price is $1.06 and its 200 day moving average price is $2.36. ICZOOM Group has a 1-year low of $0.66 and a 1-year high of $13.65.

About ICZOOM Group

ICZOOM Group Inc operates a business-to-business e-commerce platform that helps small and medium-sized enterprises in China source electronic components and other industrial products. Through its online marketplace, the company connects business customers with suppliers and supports procurement, order management and fulfillment.

The company’s product offerings include semiconductors, integrated circuits, capacitors, resistors, connectors, sensors, modules and other electronic components used in manufacturing and technology applications.