Short Interest in INLIF Limited (NASDAQ:INLF) Declines By 81.4%

INLIF Limited (NASDAQ:INLF) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 8,890 shares, a decrease of 81.4% from the December 15th total of 47,716 shares. Based on an average daily volume of 65,745 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 65,745 shares, the short-interest ratio is presently 0.1 days.

INLIF Stock Performance

Shares of INLF stock traded up $0.02 on Monday, reaching $0.50. 27,865 shares of the stock were exchanged, compared to its average volume of 86,355. INLIF has a twelve month low of $0.46 and a twelve month high of $21.00. The business’s 50 day moving average price is $0.60 and its 200 day moving average price is $0.84.

INLIF (NASDAQ:INLF) last issued its quarterly earnings data on Monday, September 29th. The company reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $5.14 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of INLIF in a research report on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

INLIF Company Profile

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.