Short Interest in ZK International Group Co., Ltd. (NASDAQ:ZKIN) Declines By 22.0%

ZK International Group Co., Ltd. (NASDAQ:ZKIN) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 72,500 shares, a decline of 22.0% from the February 13th total of 93,000 shares. Based on an average daily volume of 126,700 shares, the short-interest ratio is presently 0.6 days. Approximately 1.9% of the company’s shares are sold short.

ZK International Group Price Performance

Shares of NASDAQ:ZKIN opened at $1.30 on Monday. The company’s fifty day moving average is $2.81 and its two-hundred day moving average is $3.52. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.26 and a quick ratio of 0.99. ZK International Group has a 12-month low of $1.24 and a 12-month high of $6.30.

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.