J-Long Group Limited (NASDAQ:JL) Short Interest Down 58.4% in September

J-Long Group Limited (NASDAQ:JL) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totalling 108,100 shares, a decline of 58.4% from the August 31st total of 259,600 shares. Based on an average daily volume of 264,900 shares, the short-interest ratio is currently 0.4 days. Currently, 1.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in J-Long Group stock. Virtu Financial LLC purchased a new stake in shares of J-Long Group Limited (NASDAQ:JL) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 72,033 shares of the company’s stock, valued at approximately $72,000. Virtu Financial LLC owned about 0.24% of J-Long Group at the end of the most recent quarter.

J-Long Group Stock Performance

Shares of JL opened at $0.38 on Friday. The stock has a 50 day moving average price of $0.40 and a 200 day moving average price of $0.63. J-Long Group has a one year low of $0.30 and a one year high of $29.95.

About J-Long Group

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online.