Jowell Global Ltd. (NASDAQ:JWEL) Shares Shorted: Short Interest Down 66.9% in September

Jowell Global Ltd. (NASDAQ:JWEL) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 13,276 shares, a drop of 66.9% from the September 15th total of 40,165 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 30,345 shares, the short-interest ratio is presently 0.4 days.

Jowell Global Stock Down 5.2%

JWEL stock traded down $0.12 during trading on Wednesday, hitting $2.17. 8,195 shares of the company’s stock traded hands, compared to its average volume of 503,822. Jowell Global has a 52 week low of $1.47 and a 52 week high of $5.17. The stock has a fifty day moving average price of $2.45 and a two-hundred day moving average price of $2.34.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Jowell Global in a report on Friday, August 21st. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Jowell Global Company Profile

Jowell Global Ltd. (NASDAQ: JWEL) is a China-based consumer products and e-commerce company. The company markets a range of products through online retail and social-commerce channels, serving consumers directly through digital platforms and distribution networks.

Its product categories have included health and wellness products, beauty and personal-care items, household cleaning products, food and beverages, kitchenware, and other everyday consumer goods. Jowell Global has used a membership-oriented model and online sales channels to promote products and support customer engagement.

Founded in 2012 and headquartered in Shanghai, China, the company primarily serves the Chinese market.