ZK International Group Co., Ltd. (NASDAQ:ZKIN) Short Interest Down 26.6% in March

ZK International Group Co., Ltd. (NASDAQ:ZKIN) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 53,200 shares, a decrease of 26.6% from the February 28th total of 72,500 shares. Currently, 1.4% of the company’s stock are sold short. Based on an average daily trading volume, of 127,800 shares, the short-interest ratio is presently 0.4 days.

ZK International Group Stock Performance

Shares of NASDAQ:ZKIN opened at $1.31 on Monday. The company has a current ratio of 1.26, a quick ratio of 0.99 and a debt-to-equity ratio of 0.06. The stock has a fifty day simple moving average of $2.22 and a two-hundred day simple moving average of $3.39. ZK International Group has a 12-month low of $1.21 and a 12-month high of $6.30.

ZK International Group Company Profile

ZK International Group Co, Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.