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

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 35,579 shares, an increase of 49.4% from the July 30th total of 23,822 shares. Based on an average trading volume of 100,368 shares, the days-to-cover ratio is presently 0.4 days. Currently, 13.3% of the company’s shares are short sold.

Analysts Set New Price Targets

JZ has been the topic of several research analyst reports. Wall Street Zen raised shares of Jianzhi Education Technology Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Jianzhi Education Technology Group Price Performance

Jianzhi Education Technology Group stock traded down $0.10 during midday trading on Tuesday, reaching $1.18. The stock had a trading volume of 215,278 shares, compared to its average volume of 363,652. The stock’s 50-day simple moving average is $2.54 and its 200 day simple moving average is $516.22. Jianzhi Education Technology Group has a twelve month low of $1.10 and a twelve month high of $164.00.

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