Jin Medical International Ltd. (NASDAQ:ZJYL) Stock Short Interest Falls 84.7%

Jin Medical International Ltd. (NASDAQ:ZJYL) was the recipient of a significant drop in short interest in October. As of October 30th, there was short interest totaling 7,541 shares, a drop of 84.7% from the October 15th total of 49,143 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 342,511 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Jin Medical International in a report on Friday, September 25th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Jin Medical International Price Performance

Shares of NASDAQ ZJYL opened at $4.21 on Wednesday. Jin Medical International has a 12 month low of $1.53 and a 12 month high of $5.68. The company has a quick ratio of 1.70, a current ratio of 1.95 and a debt-to-equity ratio of 0.10. The business has a fifty day simple moving average of $2.21 and a 200-day simple moving average of $2.37.

Jin Medical International Company Profile

Jin Medical International Limited is a medical device company focused on the design, manufacture and sale of mobility and daily-living assistance products. Through its operating subsidiaries in China, the company serves customers seeking equipment intended to support mobility, personal care and home or institutional use. The company’s product portfolio includes manual wheelchairs, electric wheelchairs, walking aids and other related medical and rehabilitation equipment. Its offerings are marketed through domestic and international sales channels, serving distributors, retailers and other customers in China and overseas markets.