Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Sees Large Growth in Short Interest

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 35,579 shares, an increase of 49.4% from the July 30th total of 23,822 shares. Based on an average trading volume of 100,368 shares, the short-interest ratio is currently 0.4 days. Currently, 13.3% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

JZ has been the subject of several research reports. Wall Street Zen raised Jianzhi Education Technology Group from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Jianzhi Education Technology Group Stock Down 3.4%

JZ stock traded down $0.04 during midday trading on Wednesday, reaching $1.12. The company had a trading volume of 78,107 shares, compared to its average volume of 362,499. Jianzhi Education Technology Group has a 1-year low of $1.08 and a 1-year high of $164.00. The stock has a 50 day moving average price of $2.50 and a 200-day moving average price of $509.32.

Jianzhi Education Technology Group (NASDAQ:JZ) last announced its quarterly earnings data on Friday, August 28th. The company reported ($0.05) EPS for the quarter. The business had revenue of $0.79 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.