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

J-Long Group Limited (NASDAQ:JL) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 11,735 shares, a decline of 33.9% from the January 29th total of 17,745 shares. Based on an average daily volume of 26,819 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 26,819 shares, the short-interest ratio is presently 0.4 days.

J-Long Group Stock Performance

NASDAQ:JL traded up $0.03 during trading hours on Monday, reaching $4.71. The company had a trading volume of 30,817 shares, compared to its average volume of 23,554. J-Long Group has a one year low of $1.50 and a one year high of $8.22. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.36 and a current ratio of 2.79. The stock has a 50-day moving average of $4.81 and a two-hundred day moving average of $5.35.

J-Long Group (NASDAQ:JL) last announced its earnings results 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.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e)” rating on shares of J-Long Group in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently 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.