Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Sees Large Growth in Short Interest

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 113,161 shares, an increase of 218.1% from the August 15th total of 35,579 shares. Approximately 41.9% of the company’s stock are sold short. Based on an average daily volume of 4,558,662 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

JZ has been the subject of several analyst reports. Wall Street Zen cut shares of Jianzhi Education Technology Group from a “hold” rating to a “sell” rating in a research note on Saturday, September 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research note on Friday, September 4th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Jianzhi Education Technology Group has a consensus rating of “Sell”.

Jianzhi Education Technology Group Price Performance

Jianzhi Education Technology Group stock traded down $0.01 during trading hours on Monday, hitting $0.75. The stock had a trading volume of 172,161 shares, compared to its average volume of 434,131. The business’s 50 day simple moving average is $2.23 and its 200-day simple moving average is $459.15. Jianzhi Education Technology Group has a one year low of $0.70 and a one year high of $164.00.

Jianzhi Education Technology Group (NASDAQ:JZ) last posted its earnings results on Friday, August 28th. The company reported ($0.05) EPS for the quarter. The company had revenue of $0.79 million for the quarter.

About Jianzhi Education Technology Group

Jianzhi Education Technology Group, Inc (NASDAQ: JZ) is a China-based provider of online after-school tutoring services for children and teenagers. The company’s curriculum focuses on core K-12 subjects—including mathematics, English and Chinese language arts—along with targeted test-preparation courses designed to support students preparing for national and regional examinations.

Leveraging a proprietary live-streaming platform, Jianzhi delivers both one-on-one tutoring sessions and small-group classes through interactive video, digital whiteboards and adaptive learning tools.