Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Sees Significant Growth in Short Interest

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 38,815 shares, a growth of 1,224.7% from the April 30th total of 2,930 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 55,108 shares, the short-interest ratio is currently 0.7 days.

Jianzhi Education Technology Group Price Performance

JZ stock traded down $0.00 during trading on Friday, hitting $0.73. 22,949 shares of the company’s stock traded hands, compared to its average volume of 146,753. Jianzhi Education Technology Group has a 52 week low of $0.53 and a 52 week high of $4.37. The business has a fifty day simple moving average of $0.89 and a 200 day simple moving average of $1.03.

Jianzhi Education Technology Group’s stock is set to reverse split on Thursday, June 11th. The 1-50 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, June 10th.

Jianzhi Education Technology Group (NASDAQ:JZ) last released its quarterly earnings data on Monday, April 13th. The company reported ($0.05) EPS for the quarter. The business had revenue of $4.48 million for the quarter.

About Jianzhi Education Technology Group

Jianzhi Education Technology Group, Inc (NASDAQ: JZ) is a China-based provider of online after-school tutoring services for children and teenagers. The company’s curriculum focuses on core K-12 subjects—including mathematics, English and Chinese language arts—along with targeted test-preparation courses designed to support students preparing for national and regional examinations.

Leveraging a proprietary live-streaming platform, Jianzhi delivers both one-on-one tutoring sessions and small-group classes through interactive video, digital whiteboards and adaptive learning tools.