Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Update

Zhibao Technology Inc. (NASDAQ:ZBAO) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 106,432 shares, a growth of 150.3% from the February 12th total of 42,527 shares. Based on an average daily trading volume, of 113,749 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 113,749 shares, the short-interest ratio is presently 0.9 days.

Zhibao Technology Stock Performance

Zhibao Technology stock opened at $1.00 on Friday. The business has a 50 day simple moving average of $0.91 and a 200-day simple moving average of $0.97. Zhibao Technology has a 12 month low of $0.64 and a 12 month high of $2.14.

Zhibao Technology (NASDAQ:ZBAO) last announced its quarterly earnings data on Friday, January 9th. The company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $9.30 million for the quarter. As a group, research analysts anticipate that Zhibao Technology will post 0.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Zhibao Technology in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Zhibao Technology has a consensus rating of “Sell”.

Zhibao Technology Company Profile

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.