J-Long Group Limited (NASDAQ:JL) Short Interest Update

J-Long Group Limited (NASDAQ:JL) saw a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 4,343 shares, a decline of 63.0% from the February 12th total of 11,735 shares. Based on an average daily volume of 16,681 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 16,681 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of J-Long Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

J-Long Group Price Performance

JL stock opened at $4.61 on Wednesday. J-Long Group has a 52 week low of $1.50 and a 52 week high of $8.22. The company has a current ratio of 2.79, a quick ratio of 2.36 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average of $4.59 and a 200 day moving average of $5.29.

J-Long Group (NASDAQ:JL) last posted its quarterly earnings results on Tuesday, December 23rd. The company reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $11.35 million during the quarter.

J-Long Group Company Profile

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online. The company was founded in 1985 and is based in Tsuen Wan, Hong Kong.