ZJK Industrial Co., Ltd.’s (NASDAQ:ZJK) Lock-Up Period To Expire on March 31st

ZJK Industrial’s (NASDAQ:ZJK) lock-up period is set to expire on Monday, March 31st. ZJK Industrial had issued 1,250,000 shares in its public offering on September 30th. The total size of the offering was $6,250,000 based on an initial share price of $5.00. After the end of ZJK Industrial’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

ZJK Industrial Price Performance

Shares of NASDAQ ZJK opened at $5.76 on Wednesday. The business has a fifty day moving average of $7.24. ZJK Industrial has a 1-year low of $4.00 and a 1-year high of $30.50.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. purchased a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned about 0.06% of ZJK Industrial as of its most recent SEC filing.

ZJK Industrial Company Profile

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.