Short Interest in J-Long Group Limited (NASDAQ:JL) Declines By 66.9%

J-Long Group Limited (NASDAQ:JL) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 33,900 shares, a decline of 66.9% from the January 31st total of 102,500 shares. Currently, 3.3% of the shares of the company are short sold. Based on an average daily volume of 148,700 shares, the days-to-cover ratio is presently 0.2 days.

J-Long Group Price Performance

JL traded up $0.06 during trading on Friday, reaching $4.44. The company’s stock had a trading volume of 77,221 shares, compared to its average volume of 198,854. The company’s fifty day moving average price is $4.65 and its 200-day moving average price is $4.11. J-Long Group has a 52-week low of $2.33 and a 52-week high of $270.10.

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.