Short Interest in Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Decreases By 79.2%

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 23,822 shares, a drop of 79.2% from the July 15th total of 114,347 shares. Based on an average daily volume of 141,580 shares, the short-interest ratio is currently 0.2 days. Approximately 8.8% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on JZ shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research report on Tuesday, June 9th. Wall Street Zen upgraded Jianzhi Education Technology Group to a “sell” rating in a research note on Saturday, July 25th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Jianzhi Education Technology Group currently has a consensus rating of “Sell”.

Jianzhi Education Technology Group Trading Down 9.8%

Shares of NASDAQ JZ traded down $0.27 during midday trading on Thursday, hitting $2.49. The stock had a trading volume of 17,976 shares, compared to its average volume of 62,592. The business’s 50 day moving average is $26.81 and its 200-day moving average is $593.56. Jianzhi Education Technology Group has a 52 week low of $1.90 and a 52 week high of $164.00.

Jianzhi Education Technology Group Company Profile

Jianzhi Education Technology Group, Inc (NASDAQ: JZ) is a China-based provider of online after-school tutoring services for children and teenagers. The company’s curriculum focuses on core K-12 subjects—including mathematics, English and Chinese language arts—along with targeted test-preparation courses designed to support students preparing for national and regional examinations.

Leveraging a proprietary live-streaming platform, Jianzhi delivers both one-on-one tutoring sessions and small-group classes through interactive video, digital whiteboards and adaptive learning tools.