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

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 53,688 shares, a decline of 52.6% from the August 31st total of 113,161 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 1,521,712 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on JZ shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a report on Friday, September 4th. Wall Street Zen lowered Jianzhi Education Technology Group from a “hold” rating to a “sell” rating in a report on Saturday, September 5th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Jianzhi Education Technology Group has a consensus rating of “Sell”.

Jianzhi Education Technology Group Price Performance

NASDAQ:JZ traded down $0.04 during mid-day trading on Wednesday, reaching $0.44. 312,759 shares of the stock were exchanged, compared to its average volume of 572,399. Jianzhi Education Technology Group has a 1-year low of $0.37 and a 1-year high of $164.00. The business has a fifty day moving average price of $1.61 and a 200 day moving average price of $384.48.

Shares of Jianzhi Education Technology Group are scheduled to reverse split before the market opens on Thursday, October 15th. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, October 14th.

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

About Jianzhi Education Technology Group

Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) is a China-based education technology company that develops and provides digital educational content, software and related services. Its offerings are designed to support teaching, learning and administration across educational institutions, with a focus on technology-enabled education.

The company provides educational materials and digital learning resources, including course content, online learning products and other instructional solutions.