J-Long Group Limited (NASDAQ:JL) Sees Large Decrease in Short Interest

J-Long Group Limited (NASDAQ:JL) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 29,900 shares, a decrease of 22.5% from the February 28th total of 38,600 shares. Approximately 2.9% of the shares of the company are sold short. Based on an average daily volume of 138,600 shares, the short-interest ratio is currently 0.2 days.

J-Long Group Stock Performance

Shares of JL stock traded up $0.03 during trading hours on Monday, reaching $3.98. 1,022 shares of the company’s stock were exchanged, compared to its average volume of 94,010. The company’s 50 day moving average is $4.59 and its two-hundred day moving average is $4.17. J-Long Group has a 1 year low of $2.33 and a 1 year high of $13.41.

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.