Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) Short Interest Up 1,940.7% in June

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,172,597 shares, a growth of 1,940.7% from the May 31st total of 57,461 shares. Approximately 13.6% of the shares of the company are short sold. Based on an average daily volume of 15,690,530 shares, the days-to-cover ratio is currently 0.1 days.

Jianzhi Education Technology Group Stock Up 1.4%

Shares of JZ stock traded up $0.00 during trading on Friday, hitting $0.14. The company had a trading volume of 2,338,689 shares, compared to its average volume of 11,341,121. The stock’s 50-day moving average is $30.87 and its two-hundred day moving average is $43.26. Jianzhi Education Technology Group has a 52 week low of $0.13 and a 52 week high of $3.28.

Shares of Jianzhi Education Technology Group are set to reverse split before the market opens on Monday, July 6th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, July 5th.

Jianzhi Education Technology Group (NASDAQ:JZ) last released its quarterly earnings results on Monday, April 13th. The company reported ($2.50) EPS for the quarter. The business had revenue of $4.48 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

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.