INLIF Limited (NASDAQ:INLF) Sees Large Increase in Short Interest

INLIF Limited (NASDAQ:INLF) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 139,372 shares, a growth of 1,028.5% from the September 15th total of 12,350 shares. Approximately 199.1% of the company’s stock are sold short. Based on an average trading volume of 5,305,302 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Several research firms have weighed in on INLF. Weiss Ratings downgraded shares of INLIF from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, September 29th. Wall Street Zen raised shares of INLIF from a “sell” rating to a “hold” rating in a research report on Saturday, September 26th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

INLIF Trading Down 6.2%

Shares of NASDAQ INLF traded down $0.20 during midday trading on Friday, hitting $3.02. 38,332 shares of the stock traded hands, compared to its average volume of 3,084,684. INLIF has a one year low of $2.12 and a one year high of $4,544.00. The business has a 50 day moving average price of $3.98 and a two-hundred day moving average price of $349.54.

INLIF (NASDAQ:INLF) last released its quarterly earnings data on Thursday, September 24th. The company reported $5.01 earnings per share for the quarter. The business had revenue of $6.47 million during the quarter.

About INLIF

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.