INLIF Limited (NASDAQ:INLF) Stock Short Interest Rises 1,028.5%

INLIF Limited (NASDAQ:INLF) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 139,372 shares, a growth of 1,028.5% from the September 15th total of 12,350 shares. Currently, 199.1% of the shares of the company are sold short. Based on an average trading volume of 5,305,302 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings downgraded shares of INLIF from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, September 29th. Wall Street Zen upgraded shares of INLIF from a “sell” rating to a “hold” rating in a research note on Saturday, September 26th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, INLIF has an average rating of “Sell”.

INLIF Trading Down 6.2%

Shares of NASDAQ INLF traded down $0.20 during trading on Friday, reaching $3.02. The company had a trading volume of 38,332 shares, compared to its average volume of 3,084,684. INLIF has a 52 week low of $2.12 and a 52 week high of $4,544.00. The business’s 50 day moving average price is $3.98 and its 200-day moving average price is $345.00.

INLIF (NASDAQ:INLF) last announced its quarterly earnings data on Thursday, September 24th. The company reported $5.01 EPS for the quarter. The firm had revenue of $6.47 million during the quarter.

About INLIF

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.