Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK – Get Free Report) rose 13.9% during trading on Monday . The company traded as high as $8.60 and last traded at $8.50. Approximately 222,891 shares traded hands 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 Price Performance
The company’s 50 day moving average price is $6.94.
Hedge Funds Weigh In On ZJK Industrial
An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. purchased a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJK – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 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 filing with the Securities & Exchange Commission.
About ZJK Industrial
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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