Short Interest in INLIF Limited (NASDAQ:INLF) Grows By 625.4%

INLIF Limited (NASDAQ:INLF) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 426,209 shares, a growth of 625.4% from the June 15th total of 58,753 shares. Based on an average trading volume of 500,610,857 shares, the days-to-cover ratio is presently 0.0 days. Currently, 608.9% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of INLIF from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, INLIF currently has an average rating of “Sell”.

INLIF Stock Down 11.8%

NASDAQ INLF traded down $0.41 on Monday, reaching $3.02. The company had a trading volume of 135,606 shares, compared to its average volume of 266,682. INLIF has a 1 year low of $2.90 and a 1 year high of $4,599.04. The firm has a 50-day moving average of $521.01 and a 200-day moving average of $1,006.44.

About INLIF

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.