Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Short Interest Up 218.1% in August

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 113,161 shares, a growth of 218.1% from the August 15th total of 35,579 shares. Based on an average trading volume of 4,558,662 shares, the days-to-cover ratio is presently 0.0 days. Approximately 41.9% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

JZ has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Jianzhi Education Technology Group from a “hold” rating to a “sell” rating in a research report on Saturday, September 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a report on Friday, September 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Jianzhi Education Technology Group presently has an average rating of “Sell”.

Jianzhi Education Technology Group Stock Down 1.3%

JZ traded down $0.01 during trading hours on Friday, reaching $0.76. The company’s stock had a trading volume of 1,137,744 shares, compared to its average volume of 3,250,321. The company’s 50-day moving average is $2.23 and its 200-day moving average is $462.39. Jianzhi Education Technology Group has a 52 week low of $0.70 and a 52 week high of $164.00.

Jianzhi Education Technology Group (NASDAQ:JZ) last released its quarterly earnings data on Friday, August 28th. The company reported ($0.05) EPS for the quarter. The business had revenue of $0.79 million for the quarter.

Jianzhi Education Technology Group Company Profile

Jianzhi Education Technology Group, Inc (NASDAQ: JZ) is a China-based provider of online after-school tutoring services for children and teenagers. The company’s curriculum focuses on core K-12 subjects—including mathematics, English and Chinese language arts—along with targeted test-preparation courses designed to support students preparing for national and regional examinations.

Leveraging a proprietary live-streaming platform, Jianzhi delivers both one-on-one tutoring sessions and small-group classes through interactive video, digital whiteboards and adaptive learning tools.