Julong Holding Ltd (NASDAQ:JLHL) Short Interest Update

Julong Holding Ltd (NASDAQ:JLHL) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 16,630 shares, a decrease of 36.7% from the May 14th total of 26,278 shares. Based on an average trading volume of 34,993 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Julong Stock Up 4.0%

Shares of JLHL traded up $0.84 during mid-day trading on Tuesday, hitting $22.05. 39,124 shares of the company traded hands, compared to its average volume of 98,692. The firm’s 50 day simple moving average is $17.67. Julong has a 1-year low of $2.70 and a 1-year high of $57.95.

Julong (NASDAQ:JLHL) last released its earnings results on Friday, February 13th. The company reported $0.05 EPS for the quarter. The company had revenue of $10.66 million during the quarter.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Julong in a report on Friday, May 29th. Wall Street Zen upgraded Julong to a “hold” rating in a report on Saturday, April 25th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

About Julong

Our Mission We aspire to be a pioneer and a leader in China’s intelligent integrated solutions industry that exceed customers’ expectations, embrace innovation, invest in technologies and effect improvements in the industry. Our Values The following core values are fundamental to the way we operate our business: . Higher Quality. We pursue the highest industry standards by enriching our solution offerings, improving service quality, and enhancing operational efficiency. . Newer Technology. We maintain a relentless focus on technological innovations, continuously invest in research and development, and provide customers with the most up-to-date technological solutions.