Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Update

Zhibao Technology Inc. (NASDAQ:ZBAO) was the target of a large drop in short interest in September. As of September 30th, there was short interest totalling 38,100 shares, a drop of 21.9% from the September 15th total of 48,800 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 10,600 shares, the days-to-cover ratio is currently 3.6 days.

Zhibao Technology Price Performance

Zhibao Technology stock opened at $3.65 on Monday. The stock’s fifty day moving average price is $3.72. Zhibao Technology has a 12-month low of $2.67 and a 12-month high of $5.70.

Zhibao Technology Company Profile

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.