Short Interest in Zhibao Technology Inc. (NASDAQ:ZBAO) Decreases By 52.9%

Zhibao Technology Inc. (NASDAQ:ZBAO) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 83,900 shares, a decrease of 52.9% from the December 31st total of 178,000 shares. Based on an average daily trading volume, of 231,200 shares, the short-interest ratio is presently 0.4 days. Currently, 1.0% of the company’s shares are sold short.

Zhibao Technology Stock Up 14.1 %

Shares of ZBAO stock opened at $1.54 on Wednesday. The firm has a 50 day moving average of $2.00 and a 200-day moving average of $3.05. Zhibao Technology has a 52 week low of $1.21 and a 52 week high of $5.70.

Zhibao Technology Company Profile

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.