Zhibao Technology Inc. (NASDAQ:ZBAO – Get Free Report) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 503,416 shares, a decline of 43.7% from the July 15th total of 894,689 shares. Based on an average trading volume of 76,818,437 shares, the short-interest ratio is currently 0.0 days. Approximately 1.5% of the company’s stock are sold short.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Zhibao Technology in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on Zhibao Technology
Zhibao Technology Price Performance
About Zhibao Technology
Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.
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