Short Interest in ZK International Group Co., Ltd. (NASDAQ:ZKIN) Decreases By 31.6%

ZK International Group Co., Ltd. (NASDAQ:ZKIN) was the target of a large drop in short interest in September. As of September 30th, there was short interest totalling 34,900 shares, a drop of 31.6% from the September 15th total of 51,000 shares. Based on an average trading volume of 321,200 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.

ZK International Group Price Performance

Shares of ZKIN opened at $0.50 on Monday. The firm has a 50 day simple moving average of $0.49 and a two-hundred day simple moving average of $0.56. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.22 and a current ratio of 1.55. ZK International Group has a one year low of $0.38 and a one year high of $1.35.

About ZK International Group

ZK International Group Co, Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.