ZJK Industrial (NASDAQ:ZJK) Trading Up 13.9% – Here’s What Happened

Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) rose 13.9% on Monday . The company traded as high as $8.60 and last traded at $8.50. Approximately 222,891 shares were traded during trading, a decline of 74% from the average daily volume of 842,024 shares. The stock had previously closed at $7.46.

ZJK Industrial Trading Down 3.4 %

The company’s 50 day simple moving average is $7.09.

Institutional Investors Weigh In On ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. acquired a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned 0.06% of ZJK Industrial as of its most recent SEC filing.

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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