ZJK Industrial Co., Ltd.’s Lock-Up Period To End Tomorrow (NASDAQ:ZJK)

ZJK Industrial’s (NASDAQ:ZJK) lock-up period will end on Monday, March 31st. ZJK Industrial had issued 1,250,000 shares in its initial public offering on September 30th. The total size of the offering was $6,250,000 based on an initial share price of $5.00. After the end of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

ZJK Industrial Trading Down 3.7 %

NASDAQ ZJK opened at $4.96 on Friday. The business’s 50 day moving average price is $6.99. ZJK Industrial has a 12 month low of $4.00 and a 12 month high of $30.50.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. acquired a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJK) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned approximately 0.06% of ZJK Industrial as of its most recent SEC filing.

About ZJK Industrial

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.