Julong Holding Ltd (NASDAQ:JLHL) Short Interest Update

Julong Holding Ltd (NASDAQ:JLHL) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 32,900 shares, an increase of 2,065.9% from the April 15th total of 1,519 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 383,432 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

JLHL has been the subject of a number of recent research reports. Weiss Ratings initiated coverage on Julong in a report on Tuesday, February 10th. They issued a “sell (e+)” rating for the company. Wall Street Zen raised shares of Julong to a “hold” rating in a research note on Saturday, April 25th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Julong currently has a consensus rating of “Sell”.

Julong Price Performance

Julong stock opened at $17.30 on Tuesday. The stock’s 50 day moving average price is $8.09. Julong has a 52-week low of $2.70 and a 52-week high of $27.50.

Julong (NASDAQ:JLHL) last issued its quarterly earnings results on Friday, February 13th. The company reported $0.05 EPS for the quarter. The firm had revenue of $10.66 million for the quarter.

Julong Company Profile

Our Mission We aspire to be a pioneer and a leader in China’s intelligent integrated solutions industry that exceed customers’ expectations, embrace innovation, invest in technologies and effect improvements in the industry. Our Values The following core values are fundamental to the way we operate our business: . Higher Quality. We pursue the highest industry standards by enriching our solution offerings, improving service quality, and enhancing operational efficiency. . Newer Technology. We maintain a relentless focus on technological innovations, continuously invest in research and development, and provide customers with the most up-to-date technological solutions.