ZK International Group Co., Ltd. (NASDAQ:ZKIN) Short Interest Up 32.1% in February

ZK International Group Co., Ltd. (NASDAQ:ZKIN) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 69,664 shares, an increase of 32.1% from the January 29th total of 52,743 shares. Based on an average daily trading volume, of 23,189 shares, the days-to-cover ratio is presently 3.0 days. Currently, 1.5% of the shares of the company are sold short. Currently, 1.5% of the shares of the company are sold short. Based on an average daily trading volume, of 23,189 shares, the days-to-cover ratio is presently 3.0 days.

ZK International Group Stock Performance

ZKIN opened at $1.28 on Monday. ZK International Group has a 1-year low of $0.82 and a 1-year high of $4.47. The firm has a 50-day moving average price of $1.60 and a two-hundred day moving average price of $2.02. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.02 and a current ratio of 1.44.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of ZK International Group in a research report on Thursday, February 5th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, ZK International Group presently has an average rating of “Sell”.

About ZK International Group

ZK International Group Co, Ltd. (“ZKIN”) is a China-based company specializing in the design, manufacture and sale of heating, ventilation and air-conditioning (HVAC) products along with building energy conservation and clean energy utilization systems. The company’s core offerings include terminal climate control products such as radiators, fan coil units and heat exchangers, as well as heating systems including electric boilers, heat pumps and solar water heaters. ZKIN’s integrated solutions are designed to improve energy efficiency in residential, commercial and industrial settings.

In addition to its terminal climate control and heating product lines, ZKIN develops clean energy utilization systems that leverage solar thermal technology and thermal storage to reduce reliance on fossil fuels.