ZJK Industrial Co., Ltd. (NASDAQ:ZJK) Stock Short Interest Report for October

ZJK Industrial Co., Ltd. (NASDAQ:ZJK) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 20,609 shares, a decline of 35.8% from the September 30th total of 32,102 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 6,301 shares, the short-interest ratio is currently 3.3 days.

ZJK Industrial Trading Up 0.7%

ZJK stock opened at $1.39 on Monday. ZJK Industrial has a 12-month low of $1.36 and a 12-month high of $4.05. The business’s fifty day moving average price is $2.01 and its 200 day moving average price is $2.09.

ZJK Industrial (NASDAQ:ZJK) last posted its earnings results on Monday, September 21st. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $16.87 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ZJK Industrial in a research report on Friday, August 21st. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

About ZJK Industrial

ZJK Industrial Co, Ltd. is a China-based manufacturer of precision metal components and fastening products. The company develops and produces items such as screws, nuts, bolts, washers and other customized hardware used in industrial and commercial applications.

Its manufacturing capabilities include tooling and mold development, precision stamping, CNC machining, surface treatment and component assembly. These services allow ZJK Industrial to provide customized parts and integrated production support for customers that require specialized metal components.

ZJK Industrial serves customers through its operations in China and supplies products for applications that may include electronics, automotive and other industrial equipment.