China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 19,200 shares, a growth of 3,740.0% from the September 30th total of 500 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 15,400 shares, the short-interest ratio is presently 1.2 days.
China Jo-Jo Drugstores Trading Up 17.7 %
NASDAQ CJJD opened at $2.16 on Friday. China Jo-Jo Drugstores has a 1-year low of $1.34 and a 1-year high of $3.59. The company has a 50 day moving average of $1.78 and a 200-day moving average of $2.26.
Analyst Ratings Changes
Separately, StockNews.com began coverage on shares of China Jo-Jo Drugstores in a research report on Monday, October 21st. They issued a “sell” rating for the company.
China Jo-Jo Drugstores Company Profile
China Jo-Jo Drugstores, Inc, together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming.
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