JX Luxventure Group Inc (NASDAQ:JXG) Short Interest Update

JX Luxventure Group Inc (NASDAQ:JXG – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,597 shares, a drop of 83.5% from the August 31st total of 9,655 shares. Based on an average trading volume of 22,250 shares, the short-interest ratio is presently 0.1 days. Currently, 1.1% of the shares of the company are short sold.

JX Luxventure Group Stock Down 2.0%

NASDAQ:JXG traded down $0.14 during midday trading on Friday, hitting $6.86. The stock had a trading volume of 12,820 shares, compared to its average volume of 18,988. The stock has a 50-day moving average of $7.85 and a 200 day moving average of $7.02. JX Luxventure Group has a one year low of $3.01 and a one year high of $15.75.

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Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded JX Luxventure Group from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, JX Luxventure Group has a consensus rating of “Sell”.

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About JX Luxventure Group

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JX Luxventure Group Limited (NASDAQ:JXG) is a China-based holding company focused on consumer products, cross-border commerce and travel-related services. The company operates through subsidiaries involved in the design, manufacture and sale of apparel, including down jackets, outdoor clothing, casual wear and uniforms.

JX Luxventure also engages in cross-border e-commerce and supply-chain activities, connecting Chinese consumers and businesses with products sourced from international markets.

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