Posted by admin on Jul 31st, 2022
ZK International Group Co., Ltd. (NASDAQ:ZKIN – Get Rating) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 147,300 shares, a decrease of 35.1% from the June 30th total of 226,900 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average daily trading volume, of 116,500 shares, the days-to-cover ratio is presently 1.3 days.
ZKIN opened at $1.21 on Friday. ZK International Group has a twelve month low of $0.85 and a twelve month high of $4.94. The company has a fifty day moving average of $1.17 and a 200-day moving average of $1.22.
ZK International Group Co, Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.
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