Julong Holding Ltd (NASDAQ:JLHL) Sees Significant Growth in Short Interest

Julong Holding Ltd (NASDAQ:JLHL) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 314,963 shares, a growth of 1,787.7% from the June 30th total of 16,685 shares. Based on an average daily trading volume, of 12,308,086 shares, the short-interest ratio is presently 0.0 days. Approximately 2.8% of the shares of the company are sold short.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Weiss Ratings raised Julong from a “sell (d-)” rating to a “sell (d)” rating in a report on Wednesday, July 1st. Wall Street Zen raised Julong to a “hold” rating in a research note on Saturday, April 25th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Julong Price Performance

Shares of NASDAQ JLHL opened at $6.08 on Friday. The business’s fifty day moving average is $18.85. Julong has a 1-year low of $2.70 and a 1-year high of $57.95.

About Julong

Our Mission We aspire to be a pioneer and a leader in China’s intelligent integrated solutions industry that exceed customers’ expectations, embrace innovation, invest in technologies and effect improvements in the industry. Our Values The following core values are fundamental to the way we operate our business: . Higher Quality. We pursue the highest industry standards by enriching our solution offerings, improving service quality, and enhancing operational efficiency. . Newer Technology. We maintain a relentless focus on technological innovations, continuously invest in research and development, and provide customers with the most up-to-date technological solutions.