ZJK Industrial Co., Ltd. (NASDAQ:ZJK) Short Interest Update

ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 68,500 shares, a decrease of 41.6% from the August 31st total of 117,300 shares. Based on an average daily trading volume, of 50,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.4% of the shares of the company are sold short. Approximately 1.4% of the shares of the company are sold short. Based on an average daily trading volume, of 50,000 shares, the days-to-cover ratio is currently 1.4 days.Get ZJK Industrial alerts:ZJK Industrial Price PerformanceZJK Stock Skyrockets Following NVIDIA Partnership NewsShares of ZJK opened at $3.27 on Friday. The firm's fifty day simple moving average is $3.45 and its two-hundred day simple moving average is $4.01. ZJK Industrial has a 12 month low of $2.46 and a 12 month high of $30.50. Analysts Set New Price TargetsSeparately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of ZJK Industrial in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of "Sell".Read Our Latest Stock Report on ZJK IndustrialInstitutional Inflows and OutflowsHedge funds have recently modified their holdings of the stock. Invesco Ltd. purchased a new position in ZJK Industrial in the first quarter valued at about $223,000. Howard Financial Services LTD. bought a new stake in shares of ZJK Industrial in the 2nd quarter worth approximately $49,000. Geode Capital Management LLC lifted its stake in ZJK Industrial by 150.0% in the second quarter. Geode Capital Management LLC now owns 42,267 shares of the company's stock valued at $164,000 after purchasing an additional 25,362 shares during the last quarter. Finally, State of Wyoming bought a new position in ZJK Industrial during the second quarter valued at $31,000. ZJK Industrial Company Profile (Get Free Report)ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.Featured StoriesFive stocks we like better than ZJK IndustrialWant to Profit on the Downtrend? Downtrends, Explained.Why the Precious Metal Nobody Talks About Could Be Your Best Bet3 Small Caps With Big Return PotentialCheap Chipotle? Why CMG Stock Could Be Ready for a ComebackUsing the MarketBeat Dividend Tax Calculator3 Industrial Stocks Ready to Benefit From Fed Cuts and SpendingThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in ZJK Industrial Right Now?Before you consider ZJK Industrial, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ZJK Industrial wasn't on the list.While ZJK Industrial currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here