J-Long Group Limited (NASDAQ:JL) Short Interest Update

J-Long Group Limited (NASDAQ:JL) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 1,920,000 shares, a growth of 771.9% from the October 15th total of 220,200 shares. Based on an average daily volume of 1,480,000 shares, the short-interest ratio is currently 1.3 days. Approximately 18.6% of the shares of the company are short sold.

J-Long Group Price Performance

J-Long Group stock traded down $0.03 during mid-day trading on Tuesday, hitting $0.45. 263,223 shares of the company traded hands, compared to its average volume of 1,105,658. J-Long Group has a one year low of $0.30 and a one year high of $29.95. The company has a current ratio of 2.67, a quick ratio of 1.84 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average price of $0.42 and a 200-day moving average price of $0.50.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in J-Long Group stock. Virtu Financial LLC acquired a new stake in shares of J-Long Group Limited (NASDAQ:JL) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 72,033 shares of the company’s stock, valued at approximately $72,000. Virtu Financial LLC owned about 0.24% of J-Long Group at the end of the most recent reporting period.

J-Long Group Company Profile

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online.