Jowell Global Ltd. (NASDAQ:JWEL) Sees Significant Drop in Short Interest

Jowell Global Ltd. (NASDAQ:JWEL) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 21,000 shares, a drop of 17.3% from the March 15th total of 25,400 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average trading volume of 8,900 shares, the days-to-cover ratio is currently 2.4 days.

Jowell Global Stock Performance

Jowell Global stock traded up $0.02 during mid-day trading on Monday, reaching $1.73. The stock had a trading volume of 7,634 shares, compared to its average volume of 138,399. Jowell Global has a one year low of $1.00 and a one year high of $3.71. The company has a 50-day moving average price of $2.30 and a two-hundred day moving average price of $2.47.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Jowell Global stock. Renaissance Technologies LLC bought a new stake in shares of Jowell Global Ltd. (NASDAQ:JWEL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 11,500 shares of the company’s stock, valued at approximately $36,000. Renaissance Technologies LLC owned about 0.53% of Jowell Global at the end of the most recent quarter. Institutional investors own 0.08% of the company’s stock.

About Jowell Global

Jowell Global Ltd. engages in the online retail of cosmetics, health and nutritional supplements, and household products in China. It also sells skin care, body care, and baby and children's products; washing items; fragrances; food products; electronics; and apparel. In addition, it sells its products through retail stores under the Love Home Store, LHH Store, and Juhao Best Choice Store brand names.