Short Interest in J-Long Group Limited (NASDAQ:JL) Drops By 22.5%

J-Long Group Limited (NASDAQ:JL) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 29,900 shares, a decrease of 22.5% from the February 28th total of 38,600 shares. Based on an average daily trading volume, of 138,600 shares, the short-interest ratio is presently 0.2 days. Approximately 2.9% of the company’s shares are sold short.

J-Long Group Stock Performance

Shares of J-Long Group stock traded down $0.08 during trading on Wednesday, reaching $3.62. 49,143 shares of the stock were exchanged, compared to its average volume of 93,804. J-Long Group has a 1 year low of $2.33 and a 1 year high of $13.41. The stock’s fifty day moving average is $4.53 and its 200 day moving average is $4.16.

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.