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

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 1,172,597 shares, an increase of 1,940.7% from the May 31st total of 57,461 shares. Based on an average daily volume of 15,690,530 shares, the days-to-cover ratio is presently 0.1 days. Currently, 13.6% of the shares of the company are sold short.

Jianzhi Education Technology Group Trading Down 9.7%

Shares of NASDAQ:JZ traded down $0.01 during trading on Thursday, reaching $0.14. The company had a trading volume of 6,438,843 shares, compared to its average volume of 10,932,368. The firm’s fifty day moving average is $31.83 and its 200 day moving average is $43.56. Jianzhi Education Technology Group has a twelve month low of $0.14 and a twelve month high of $3.28.

Jianzhi Education Technology Group’s stock is scheduled to reverse split before the market opens on Monday, July 6th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, July 5th.

Jianzhi Education Technology Group (NASDAQ:JZ) last announced its earnings results on Monday, April 13th. The company reported ($2.50) EPS for the quarter. The company had revenue of $4.48 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research note on Tuesday, June 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

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.