China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 7,100 shares, a growth of 69.0% from the May 31st total of 4,200 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 9,400 shares, the short-interest ratio is presently 0.8 days.
China Jo-Jo Drugstores Stock Performance
Shares of NASDAQ CJJD remained flat at $2.21 during midday trading on Friday. 7,076 shares of the company’s stock were exchanged, compared to its average volume of 4,143. The company’s 50-day moving average is $2.60 and its 200-day moving average is $3.24. China Jo-Jo Drugstores has a fifty-two week low of $1.56 and a fifty-two week high of $4.70.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of China Jo-Jo Drugstores in a research note on Sunday, June 23rd. They issued a “sell” rating on the stock.
China Jo-Jo Drugstores Company Profile
China Jo-Jo Drugstores, Inc, together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming.
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