Short Interest in Julong Holding Ltd (NASDAQ:JLHL) Declines By 72.3%

Julong Holding Ltd (NASDAQ:JLHL) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 69,829 shares, a decline of 72.3% from the July 30th total of 251,866 shares. Based on an average daily trading volume, of 3,541,680 shares, the short-interest ratio is presently 0.0 days. Approximately 0.6% of the shares of the stock are short sold.

Julong Stock Down 4.4%

Shares of Julong stock traded down $0.29 during trading hours on Friday, reaching $6.28. 51,494 shares of the company’s stock were exchanged, compared to its average volume of 1,094,892. Julong has a 1 year low of $2.70 and a 1 year high of $57.95. The firm has a fifty day moving average price of $9.42.

Julong (NASDAQ:JLHL) last issued its earnings results on Wednesday, August 19th. The company reported $0.04 EPS for the quarter. The business had revenue of $9.01 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Julong from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Julong currently has a consensus rating of “Sell”.

About Julong

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.