Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Increases By 106.6%

Jin Medical International Ltd. (NASDAQ:ZJYL) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 16,167 shares, an increase of 106.6% from the June 30th total of 7,826 shares. Based on an average daily trading volume, of 11,224 shares, the short-interest ratio is currently 1.4 days. Currently, 0.2% of the shares of the company are short sold.

Jin Medical International Stock Up 2.8%

ZJYL stock opened at $2.02 on Friday. The business’s 50-day moving average price is $2.23 and its 200-day moving average price is $2.43. Jin Medical International has a twelve month low of $1.64 and a twelve month high of $17.18.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Jin Medical International from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, June 29th. 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”.

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.