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 expire 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, major shareholders and company insiders will be able to sell their shares of the company.

ZJK Industrial Price Performance

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

Institutional Trading of ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. acquired a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJK) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned approximately 0.06% of ZJK Industrial at the end of the most recent quarter.

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.