Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Up 30.7% in November

Zhibao Technology Inc. (NASDAQ:ZBAO) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 43,800 shares, an increase of 30.7% from the November 15th total of 33,500 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 213,600 shares, the days-to-cover ratio is currently 0.2 days.

Zhibao Technology Price Performance

Shares of ZBAO stock opened at $2.25 on Friday. The business’s 50-day moving average price is $3.18 and its 200-day moving average price is $3.60. Zhibao Technology has a 12 month low of $2.05 and a 12 month high of $5.70.

About Zhibao Technology

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.