Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Stock Short Interest Falls 52.6%

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 53,688 shares, a decline of 52.6% from the August 31st total of 113,161 shares. Based on an average daily volume of 1,521,712 shares, the short-interest ratio is presently 0.0 days. Currently, 0.4% of the company’s shares are sold short.

Jianzhi Education Technology Group Stock Down 2.5%

Shares of NASDAQ:JZ traded down $0.01 during midday trading on Thursday, reaching $0.43. 80,894 shares of the company’s stock were exchanged, compared to its average volume of 569,822. Jianzhi Education Technology Group has a fifty-two week low of $0.37 and a fifty-two week high of $164.00. The firm’s 50 day simple moving average is $1.58 and its two-hundred day simple moving average is $378.56.

Shares of Jianzhi Education Technology Group are set to reverse split on the morning of Thursday, October 15th. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, October 14th.

Jianzhi Education Technology Group (NASDAQ:JZ) last posted its earnings results on Friday, August 28th. The company reported ($0.05) EPS for the quarter. The business had revenue of $0.79 million for the quarter.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on JZ. Wall Street Zen cut shares of Jianzhi Education Technology Group from a “hold” rating to a “sell” rating in a research note on Saturday, September 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research report on Friday, September 4th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

About Jianzhi Education Technology Group

Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) is a China-based education technology company that develops and provides digital educational content, software and related services. Its offerings are designed to support teaching, learning and administration across educational institutions, with a focus on technology-enabled education.

The company provides educational materials and digital learning resources, including course content, online learning products and other instructional solutions.