J-Long Group Limited (NASDAQ:JL) Short Interest Update

J-Long Group Limited (NASDAQ:JL) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 4,343 shares, a drop of 63.0% from the February 12th total of 11,735 shares. Based on an average daily volume of 16,681 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 16,681 shares, the days-to-cover ratio is presently 0.3 days.

J-Long Group Price Performance

NASDAQ JL opened at $4.61 on Wednesday. J-Long Group has a 1 year low of $1.50 and a 1 year high of $8.22. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.36 and a current ratio of 2.79. The company has a fifty day moving average of $4.59 and a 200 day moving average of $5.29.

J-Long Group (NASDAQ:JL) last announced its quarterly earnings results on Tuesday, December 23rd. The company reported $0.31 earnings per share for the quarter. The company had revenue of $11.35 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of J-Long Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

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. The company was founded in 1985 and is based in Tsuen Wan, Hong Kong.