China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) Short Interest Update

China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 43,800 shares, an increase of 128.1% from the October 15th total of 19,200 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 17,600 shares, the short-interest ratio is presently 2.5 days.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on China Jo-Jo Drugstores in a research report on Wednesday, November 6th. They issued a “sell” rating for the company.

China Jo-Jo Drugstores Stock Up 1.9 %

China Jo-Jo Drugstores stock traded up $0.04 during trading hours on Wednesday, hitting $2.16. The stock had a trading volume of 2,099 shares, compared to its average volume of 35,035. China Jo-Jo Drugstores has a 1-year low of $1.34 and a 1-year high of $3.59. The stock’s fifty day moving average is $1.92 and its two-hundred day moving average is $2.19.

About China Jo-Jo Drugstores

China Jo-Jo Drugstores, Inc, together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming.