J-Long Group Limited (NASDAQ:JL) Sees Large Growth in Short Interest

J-Long Group Limited (NASDAQ:JL) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 24,500 shares, a growth of 26.3% from the December 15th total of 19,400 shares. Based on an average daily volume of 170,800 shares, the days-to-cover ratio is presently 0.1 days. Currently, 2.4% of the shares of the company are short sold.

J-Long Group Stock Performance

JL traded down $0.73 during midday trading on Friday, reaching $5.31. The company had a trading volume of 52,276 shares, compared to its average volume of 55,331. J-Long Group has a 1 year low of $2.33 and a 1 year high of $299.50. The business has a 50-day moving average of $3.69 and a two-hundred day moving average of $4.05.

About J-Long Group

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online.