Jin Medical International Ltd. (NASDAQ:ZJYL) Sees Significant Growth in Short Interest

Jin Medical International Ltd. (NASDAQ:ZJYL) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 601,100 shares, a growth of 59.2% from the April 30th total of 377,600 shares. Based on an average daily trading volume, of 256,700 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.6% of the company’s stock are sold short.

Jin Medical International Price Performance

Jin Medical International stock opened at $0.77 on Monday. Jin Medical International has a one year low of $0.56 and a one year high of $4.38. The company’s fifty day moving average price is $0.78 and its two-hundred day moving average price is $0.84.

Jin Medical International Company Profile

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.