Julong Holding Ltd (NASDAQ:JLHL) Short Interest Down 72.3% in August

Julong Holding Ltd (NASDAQ:JLHL) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 69,829 shares, a decrease of 72.3% from the July 30th total of 251,866 shares. Based on an average daily volume of 3,541,680 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.6% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Julong from a “sell (d-)” rating to a “sell (d)” rating in a research note on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Julong currently has a consensus rating of “Sell”.

Julong Stock Up 4.1%

Shares of JLHL stock traded up $0.26 on Thursday, hitting $6.57. 105,855 shares of the company’s stock were exchanged, compared to its average volume of 1,101,248. The stock’s 50 day moving average is $10.08. Julong has a 12 month low of $2.70 and a 12 month high of $57.95.

Julong (NASDAQ:JLHL) last released its earnings results on Wednesday, August 19th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $9.01 million during the quarter.

About Julong

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.