ZJK Industrial (NASDAQ:ZJK) Shares Gap Down – Here’s Why

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $10.00, but opened at $9.51. ZJK Industrial shares last traded at $9.43, with a volume of 69,966 shares.

ZJK Industrial Stock Down 8.5 %

The stock has a fifty day moving average price of $6.74.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. acquired a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned approximately 0.06% of ZJK Industrial at the end of the most recent reporting period.

About ZJK Industrial

(Get Free Report)

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.

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