Short Interest in Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Drops By 92.9%

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 2,930 shares, a drop of 92.9% from the April 15th total of 41,392 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 35,194 shares, the days-to-cover ratio is currently 0.1 days.

Jianzhi Education Technology Group Stock Up 27.2%

JZ stock traded up $0.20 during midday trading on Wednesday, hitting $0.93. The company’s stock had a trading volume of 108,100 shares, compared to its average volume of 219,705. The stock’s 50-day moving average price is $0.91 and its 200 day moving average price is $1.09. Jianzhi Education Technology Group has a 1 year low of $0.53 and a 1 year high of $4.56.

Jianzhi Education Technology Group shares are going to reverse split on the morning of Friday, May 22nd. The 1-50 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, May 21st.

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