Short Interest in Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Declines By 90.4%

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 114,347 shares, a drop of 90.4% from the June 30th total of 1,197,291 shares. Based on an average trading volume of 199,030 shares, the short-interest ratio is currently 0.6 days. Approximately 42.4% of the shares of the company are short sold.

Wall Street Analyst Weigh In

JZ has been the topic of a number of analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research note on Tuesday, June 9th. Wall Street Zen upgraded Jianzhi Education Technology Group to a “sell” rating in a research note on Saturday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Jianzhi Education Technology Group Stock Down 1.5%

NASDAQ:JZ traded down $0.04 during trading hours on Friday, hitting $2.55. The stock had a trading volume of 327,999 shares, compared to its average volume of 157,192. The company has a 50 day simple moving average of $261.95 and a two-hundred day simple moving average of $688.73. Jianzhi Education Technology Group has a one year low of $1.90 and a one year high of $164.00.

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.