ZJK Industrial (NASDAQ:ZJK) Shares Down 5.8% – What’s Next?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) traded down 5.8% on Tuesday . The company traded as low as $8.26 and last traded at $8.44. 51,576 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 309,948 shares. The stock had previously closed at $8.95.

ZJK Industrial Price Performance

The stock has a 50-day moving average of $9.44.

Hedge Funds Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. acquired a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned about 0.06% of ZJK Industrial as of its most recent filing with the SEC.

About ZJK Industrial

(Get Free Report)

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.

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