JX Luxventure Limited (NASDAQ:JXJT) Sees Large Increase in Short Interest

JX Luxventure Limited (NASDAQ:JXJT) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 523,600 shares, an increase of 5,033.3% from the October 31st total of 10,200 shares. Approximately 9.2% of the company’s shares are short sold. Based on an average trading volume of 120,500 shares, the short-interest ratio is presently 4.3 days.

JX Luxventure Trading Down 3.8 %

Shares of NASDAQ:JXJT opened at $1.25 on Friday. The stock has a 50-day simple moving average of $1.55 and a 200-day simple moving average of $1.48. JX Luxventure has a 1 year low of $0.95 and a 1 year high of $8.51.

About JX Luxventure

JX Luxventure Limited provides tourism services and supplying related products in the People’s Republic of China. The company operates in Technology, Tourism Service, and Cross-Border E-Commerce segments. It engages in the sale of packaged group tour services; and provides health care, personal care, cosmetics, maternal and child, pet-related, universal cuisine and household products, and pre-owned electric cars through online and offline platforms.