INLIF Limited (NASDAQ:INLF) Short Interest Up 353.5% in December

INLIF Limited (NASDAQ:INLF) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 47,716 shares, a growth of 353.5% from the November 30th total of 10,521 shares. Based on an average daily trading volume, of 873,536 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 873,536 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of INLIF in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

INLIF Trading Up 2.9%

INLF stock opened at $0.52 on Thursday. The company’s 50 day simple moving average is $0.65 and its 200-day simple moving average is $0.88. INLIF has a 12 month low of $0.50 and a 12 month high of $21.00.

INLIF (NASDAQ:INLF) last issued its quarterly earnings data on Monday, September 29th. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $5.14 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.