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

Julong Holding Ltd (NASDAQ:JLHL) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 314,963 shares, an increase of 1,787.7% from the June 30th total of 16,685 shares. Approximately 2.8% of the company’s stock are sold short. Based on an average daily trading volume, of 12,308,086 shares, the days-to-cover ratio is presently 0.0 days.

Julong Stock Down 2.1%

Shares of JLHL traded down $0.13 during mid-day trading on Friday, reaching $6.08. The company’s stock had a trading volume of 215,475 shares, compared to its average volume of 6,488,003. Julong has a 1-year low of $2.70 and a 1-year high of $57.95. The business’s 50-day moving average price is $18.85.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Julong to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings upgraded shares of Julong from a “sell (d-)” rating to a “sell (d)” rating in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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.