Short Interest in Julong Holding Ltd (NASDAQ:JLHL) Drops By 36.7%

Julong Holding Ltd (NASDAQ:JLHL) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 16,630 shares, a decline of 36.7% from the May 14th total of 26,278 shares. Based on an average trading volume of 34,993 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on JLHL shares. Wall Street Zen raised shares of Julong to a “hold” rating in a research note on Saturday, April 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Julong in a research note on Friday, May 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Julong presently has a consensus rating of “Sell”.

Julong Price Performance

Shares of NASDAQ:JLHL opened at $23.64 on Monday. Julong has a 1 year low of $2.70 and a 1 year high of $57.95. The stock has a fifty day simple moving average of $17.36.

Julong (NASDAQ:JLHL) last issued its quarterly earnings data on Friday, February 13th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $10.66 million during the quarter.

Julong Company Profile

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.