Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Decreases By 59.6%

Jin Medical International Ltd. (NASDAQ:ZJYL) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 1,090,000 shares, a drop of 59.6% from the October 15th total of 2,700,000 shares. Currently, 2.9% of the company’s stock are sold short. Based on an average trading volume of 279,000 shares, the short-interest ratio is presently 3.9 days.

Jin Medical International Price Performance

Shares of Jin Medical International stock opened at $1.37 on Friday. Jin Medical International has a 52 week low of $0.46 and a 52 week high of $25.49. The stock has a 50 day moving average price of $2.40 and a two-hundred day moving average price of $2.83.

About Jin Medical International

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.