ZJK Industrial (NASDAQ:ZJK) Trading 5.5% Higher – What’s Next?

Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) rose 5.5% during trading on Friday . The stock traded as high as $9.84 and last traded at $9.84. Approximately 10,055 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 686,358 shares. The stock had previously closed at $9.33.

ZJK Industrial Stock Performance

The company has a fifty day simple moving average of $8.25.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. bought a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned 0.06% of ZJK Industrial at the end of the most recent reporting period.

About ZJK Industrial

(Get Free Report)

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.

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