Short Interest in Jin Medical International Ltd. (NASDAQ:ZJYL) Expands By 126.9%

Jin Medical International Ltd. (NASDAQ:ZJYL) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 2,700,000 shares, a growth of 126.9% from the September 30th total of 1,190,000 shares. Based on an average daily trading volume, of 255,400 shares, the short-interest ratio is presently 10.6 days. Approximately 7.1% of the shares of the company are short sold.

Jin Medical International Stock Down 3.1 %

Shares of ZJYL stock opened at $2.18 on Monday. Jin Medical International has a 52 week low of $0.42 and a 52 week high of $25.49. The firm’s 50-day simple moving average is $2.71 and its two-hundred day simple moving average is $2.98.

Jin Medical International Company Profile

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.