Zhibao Technology Inc. (NASDAQ:ZBAO) Sees Large Decline in Short Interest

Zhibao Technology Inc. (NASDAQ:ZBAOGet Free Report) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 503,416 shares, a decline of 43.7% from the July 15th total of 894,689 shares. Approximately 1.5% of the shares of the company are sold short. Based on an average daily trading volume, of 76,818,437 shares, the short-interest ratio is presently 0.0 days.

Zhibao Technology Price Performance

NASDAQ ZBAO opened at $0.23 on Monday. The company has a 50-day moving average price of $0.37 and a 200-day moving average price of $0.67. Zhibao Technology has a 52 week low of $0.15 and a 52 week high of $1.34.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Zhibao Technology in a research note on Wednesday, July 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Zhibao Technology presently has a consensus rating of “Sell”.

View Our Latest Research Report on ZBAO

About Zhibao Technology

(Get Free Report)

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.

Featured Stories

Receive News & Ratings for Zhibao Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zhibao Technology and related companies with MarketBeat.com's FREE daily email newsletter.