INLIF Limited (NASDAQ:INLF) Sees Large Increase in Short Interest

INLIF Limited (NASDAQ:INLF) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 139,372 shares, a growth of 1,028.5% from the September 15th total of 12,350 shares. Approximately 199.1% of the company’s stock are short sold. Based on an average daily trading volume, of 5,305,302 shares, the days-to-cover ratio is presently 0.0 days.

INLIF Price Performance

NASDAQ INLF traded down $0.20 on Friday, hitting $3.02. 38,332 shares of the stock traded hands, compared to its average volume of 3,084,684. The business’s fifty day moving average is $3.98 and its two-hundred day moving average is $349.54. INLIF has a 12 month low of $2.12 and a 12 month high of $4,544.00.

INLIF (NASDAQ:INLF) last issued its earnings results on Thursday, September 24th. The company reported $5.01 earnings per share (EPS) for the quarter. The firm had revenue of $6.47 million during the quarter.

Wall Street Analyst Weigh In

INLF has been the subject of several recent analyst reports. Weiss Ratings lowered shares of INLIF from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, September 29th. Wall Street Zen raised INLIF from a “sell” rating to a “hold” rating in a report on Saturday, September 26th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About INLIF

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.