INLIF Limited (NASDAQ:INLF) Stock Short Interest Climbs 5,082.2%

INLIF Limited (NASDAQ:INLF) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 1,469,097 shares, an increase of 5,082.2% from the October 15th total of 28,349 shares. Approximately 2,098.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 30,570,575 shares, the short-interest ratio is presently 0.0 days.

INLIF Trading Up 80.8%

NASDAQ:INLF opened at $0.55 on Wednesday. The company has a fifty day moving average of $2.32 and a 200 day moving average of $513.01. INLIF has a 52 week low of $0.17 and a 52 week high of $4,544.00.

INLIF (NASDAQ:INLF) last announced its quarterly earnings results on Thursday, September 24th. The company reported $5.01 earnings per share (EPS) for the quarter. The firm had revenue of $6.47 million during the quarter.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Weiss Ratings downgraded INLIF from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, September 29th. Wall Street Zen upgraded shares of INLIF from a “sell” rating to a “hold” rating in a research report on Saturday, September 26th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, INLIF has an average rating of “Sell”.

About INLIF

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.