Jin Medical International Ltd. (NASDAQ:ZJYL) Short Interest Up 72.1% in June

Jin Medical International Ltd. (NASDAQ:ZJYL) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 18,894 shares, a growth of 72.1% from the May 31st total of 10,979 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 1,462,657 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered Jin Medical International from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Jin Medical International Price Performance

Shares of NASDAQ:ZJYL opened at $1.96 on Friday. Jin Medical International has a 1 year low of $1.64 and a 1 year high of $17.18. The company’s 50 day simple moving average is $2.35 and its 200 day simple moving average is $2.77.

About Jin Medical International

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China. Jin Medical International Ltd. is a subsidiary of Jolly Harmony Enterprises Limited.