J-Long Group Limited (NASDAQ:JL) Short Interest Up 266.1% in January

J-Long Group Limited (NASDAQ:JL) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 102,500 shares, an increase of 266.1% from the January 15th total of 28,000 shares. Based on an average daily trading volume, of 137,900 shares, the days-to-cover ratio is presently 0.7 days. Approximately 10.0% of the company’s stock are sold short.

J-Long Group Trading Down 11.9 %

J-Long Group stock traded down $0.47 during mid-day trading on Wednesday, hitting $3.49. 61,478 shares of the company’s stock were exchanged, compared to its average volume of 233,527. J-Long Group has a 1-year low of $2.33 and a 1-year high of $299.50. The stock has a 50 day moving average of $4.21 and a two-hundred day moving average of $4.05.

About J-Long Group

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.