Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Update

Zhibao Technology Inc. (NASDAQ:ZBAO) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 78,067 shares, an increase of 215.6% from the January 15th total of 24,735 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 92,979 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 92,979 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Zhibao Technology in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Zhibao Technology currently has a consensus rating of “Sell”.

Zhibao Technology Trading Up 8.0%

Shares of NASDAQ:ZBAO opened at $0.86 on Friday. Zhibao Technology has a fifty-two week low of $0.77 and a fifty-two week high of $2.14. The company’s 50-day moving average price is $0.93 and its 200 day moving average price is $0.99.

Zhibao Technology (NASDAQ:ZBAO) last announced its quarterly earnings results on Friday, January 9th. The company reported ($0.08) EPS for the quarter. The business had revenue of $9.30 million for the quarter. As a group, research analysts forecast that Zhibao Technology will post 0.06 EPS for the current year.

About Zhibao Technology

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.