ICZOOM Group Inc. (NASDAQ:IZM) Sees Large Growth in Short Interest

ICZOOM Group Inc. (NASDAQ:IZM) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 96,700 shares, an increase of 15.0% from the December 15th total of 84,100 shares. Based on an average daily trading volume, of 53,200 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.4% of the company’s stock are short sold.

ICZOOM Group Stock Performance

Shares of IZM stock traded down $0.02 on Friday, hitting $1.47. 47,301 shares of the stock traded hands, compared to its average volume of 61,269. ICZOOM Group has a 1-year low of $1.44 and a 1-year high of $52.21. The company’s fifty day moving average is $2.00 and its 200 day moving average is $2.17.

About ICZOOM Group

ICZOOM Group Inc, together with its subsidiaries, sells electronic component products to customers in Hong Kong and the People's Republic of China. The company provides semiconductor products, including various integrated circuit, discretes, passive components, and optoelectronics; and equipment, tools, and other electronic component products comprising various electromechanical, maintenance, repair and operations, and various design tools.