Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Short Interest Update

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 38,815 shares, a growth of 1,224.7% from the April 30th total of 2,930 shares. Based on an average daily trading volume, of 55,108 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.5% of the company’s shares are sold short.

Jianzhi Education Technology Group Trading Down 4.5%

JZ traded down $0.03 on Wednesday, reaching $0.70. 40,502 shares of the company traded hands, compared to its average volume of 144,376. Jianzhi Education Technology Group has a one year low of $0.53 and a one year high of $4.37. The firm has a fifty day simple moving average of $0.90 and a two-hundred day simple moving average of $1.03.

Shares of Jianzhi Education Technology Group are set to reverse split on the morning of Thursday, June 11th. The 1-50 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, June 10th.

Jianzhi Education Technology Group (NASDAQ:JZ) last posted its earnings results on Monday, April 13th. The company reported ($0.05) EPS for the quarter. The business 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.