ZJK Industrial Co., Ltd.’s (NASDAQ:ZJK) Lock-Up Period To End on March 31st

ZJK Industrial’s (NASDAQ:ZJK) lock-up period is set to end on Monday, March 31st. ZJK Industrial had issued 1,250,000 shares in its public offering on September 30th. The total size of the offering was $6,250,000 based on an initial share price of $5.00. After the expiration of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

ZJK Industrial Stock Down 1.2 %

Shares of ZJK stock opened at $5.15 on Friday. The business’s fifty day moving average price is $7.08. ZJK Industrial has a 1 year low of $4.00 and a 1 year high of $30.50.

Hedge Funds 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:ZJK) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned about 0.06% of ZJK Industrial at the end of the most recent reporting period.

ZJK Industrial Company Profile

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.