Jin Medical International Ltd. (NASDAQ:ZJYL) Short Interest Update

Jin Medical International Ltd. (NASDAQ:ZJYL) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 61,545 shares, a drop of 58.4% from the August 15th total of 147,882 shares. Based on an average daily trading volume, of 64,222 shares, the short-interest ratio is presently 1.0 days. Currently, 0.1% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Jin Medical International from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Jin Medical International currently has a consensus rating of “Sell”.

Jin Medical International Stock Performance

Shares of NASDAQ ZJYL traded down $0.03 during midday trading on Monday, reaching $2.04. 3,331 shares of the stock were exchanged, compared to its average volume of 378,512. Jin Medical International has a twelve month low of $1.53 and a twelve month high of $13.48. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.95 and a quick ratio of 1.70. The firm has a 50-day simple moving average of $2.33 and a two-hundred day simple moving average of $2.33.

Jin Medical International (NASDAQ:ZJYL) last posted its earnings results on Tuesday, August 4th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $4.46 million for the quarter.

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. Jin Medical International Ltd. is a subsidiary of Jolly Harmony Enterprises Limited.