Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Drops By 52.8%

Jin Medical International Ltd. (NASDAQ:ZJYL) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 349,600 shares, a decline of 52.8% from the February 13th total of 740,800 shares. Based on an average daily volume of 345,800 shares, the short-interest ratio is currently 1.0 days. Approximately 0.9% of the company’s stock are sold short.

Jin Medical International Price Performance

NASDAQ:ZJYL opened at $0.85 on Friday. Jin Medical International has a 12 month low of $0.59 and a 12 month high of $5.40. The business’s fifty day moving average price is $0.84 and its 200 day moving average price is $1.49.

About Jin Medical International

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.