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

J-Long Group Limited (NASDAQ:JL) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 7,344 shares, a growth of 69.1% from the February 26th total of 4,343 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 45,003 shares, the short-interest ratio is presently 0.2 days.

J-Long Group Price Performance

JL stock traded up $0.28 during midday trading on Friday, reaching $6.66. The company had a trading volume of 36,740 shares, compared to its average volume of 36,894. J-Long Group has a 1-year low of $1.50 and a 1-year high of $8.22. The stock has a 50 day moving average price of $4.40 and a 200-day moving average price of $5.25. The company has a quick ratio of 2.36, a current ratio of 2.79 and a debt-to-equity ratio of 0.02.

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of J-Long Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

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.