JX Luxventure Group Inc (NASDAQ:JXG) Short Interest Update

JX Luxventure Group Inc (NASDAQ:JXG) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,597 shares, a decline of 83.5% from the August 31st total of 9,655 shares. Based on an average trading volume of 22,250 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.1% of the company’s stock are sold short.

JX Luxventure Group Stock Down 1.1%

JX Luxventure Group stock traded down $0.08 during midday trading on Friday, hitting $6.92. The stock had a trading volume of 23,759 shares, compared to its average volume of 18,661. The business has a fifty day moving average price of $7.81 and a 200 day moving average price of $7.02. JX Luxventure Group has a 12 month low of $3.01 and a 12 month high of $15.75.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded JX Luxventure Group from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, JX Luxventure Group has an average rating of “Sell”.

About JX Luxventure Group

JX Luxventure Group Limited (NASDAQ:JXG) is a China-based holding company focused on consumer products, cross-border commerce and travel-related services. The company operates through subsidiaries involved in the design, manufacture and sale of apparel, including down jackets, outdoor clothing, casual wear and uniforms.

JX Luxventure also engages in cross-border e-commerce and supply-chain activities, connecting Chinese consumers and businesses with products sourced from international markets.