Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Short Interest Up 1,224.7% in May

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 38,815 shares, an increase of 1,224.7% from the April 30th total of 2,930 shares. Based on an average daily volume of 55,108 shares, the short-interest ratio is presently 0.7 days. Currently, 0.5% of the shares of the company are sold short.

Jianzhi Education Technology Group Stock Performance

Shares of JZ stock opened at $0.70 on Thursday. The stock’s fifty day moving average is $0.90 and its two-hundred day moving average is $1.03. Jianzhi Education Technology Group has a fifty-two week low of $0.53 and a fifty-two week high of $4.37.

Jianzhi Education Technology Group’s stock is scheduled to reverse split on Thursday, June 11th. The 1-50 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, June 10th.

Jianzhi Education Technology Group (NASDAQ:JZ) last posted its quarterly earnings results on Monday, April 13th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $4.48 million during the quarter.

Jianzhi Education Technology Group Company Profile

Jianzhi Education Technology Group, Inc (NASDAQ: JZ) is a China-based provider of online after-school tutoring services for children and teenagers. The company’s curriculum focuses on core K-12 subjects—including mathematics, English and Chinese language arts—along with targeted test-preparation courses designed to support students preparing for national and regional examinations.

Leveraging a proprietary live-streaming platform, Jianzhi delivers both one-on-one tutoring sessions and small-group classes through interactive video, digital whiteboards and adaptive learning tools.