Julong Holding Ltd (NASDAQ:JLHL) Sees Large Growth in Short Interest

Julong Holding Ltd (NASDAQ:JLHL) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 32,900 shares, a growth of 2,065.9% from the April 15th total of 1,519 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 383,432 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

A number of brokerages recently weighed in on JLHL. Wall Street Zen raised shares of Julong to a “hold” rating in a research note on Saturday, April 25th. Weiss Ratings began coverage on shares of Julong in a research note on Tuesday, February 10th. They set a “sell (e+)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Julong Stock Performance

Shares of Julong stock traded down $1.70 on Monday, reaching $17.30. 18,917 shares of the company’s stock were exchanged, compared to its average volume of 249,441. Julong has a 52 week low of $2.70 and a 52 week high of $27.50. The business has a 50-day moving average price of $8.09.

Julong (NASDAQ:JLHL) last posted its quarterly earnings results on Friday, February 13th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $10.66 million for 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.