Julong Holding Ltd (NASDAQ:JLHL) Sees Large Increase in Short Interest

Julong Holding Ltd (NASDAQ:JLHL) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 314,963 shares, an increase of 1,787.7% from the June 30th total of 16,685 shares. Currently, 2.8% of the shares of the company are sold short. Based on an average daily volume of 12,308,086 shares, the days-to-cover ratio is currently 0.0 days.

Julong Price Performance

JLHL stock traded down $0.13 on Friday, reaching $6.08. The company’s stock had a trading volume of 215,475 shares, compared to its average volume of 6,488,003. Julong has a 52 week low of $2.70 and a 52 week high of $57.95. The business has a fifty day simple moving average of $18.85.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Julong to a “hold” rating in a research report on Saturday, April 25th. Weiss Ratings raised shares of Julong from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Julong Company Profile

Our Mission We aspire to be a pioneer and a leader in China’s intelligent integrated solutions industry that exceed customers’ expectations, embrace innovation, invest in technologies and effect improvements in the industry. Our Values The following core values are fundamental to the way we operate our business: . Higher Quality. We pursue the highest industry standards by enriching our solution offerings, improving service quality, and enhancing operational efficiency. . Newer Technology. We maintain a relentless focus on technological innovations, continuously invest in research and development, and provide customers with the most up-to-date technological solutions.